P&G to sell beauty business to Coty in $12.5 billion deal1 min read . Updated: 09 Jul 2015, 07:31 PM IST
P&G will separate 43 of its cosmetics, fragrance and haircare brands and fold them into Coty under a 'Reverse Morris Trust' transaction
Bengaluru: Coty Inc has sealed a deal to buy Procter & Gamble Co’s beauty business, which includes brands such as Clairol and Wella, in a $12.5 billon transaction that will make the perfume maker one of the world’s largest beauty companies.
Select your Category