Coty agrees to buy P&G beauty brands for $12.5 billion

The deal includes P&G's Salon Professional, Retail Hair Color, Cosmetics and Fine Fragrance businesses and some hair styling brands

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Reuters
Last Updated : Jul 09 2015 | 7:15 PM IST

Procter & Gamble Co is selling its beauty business to Coty Inc in a deal that values the business at $12.5 billion.

The deal includes P&G's Salon Professional, Retail Hair Color, Cosmetics and Fine Fragrance businesses and some hair styling brands.

 

 

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First Published: Jul 09 2015 | 6:46 PM IST

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