Thursday, November 21, 2019

Unilever, Henkel and buyout funds eye bids for Coty's $7 billion beauty brands: Sources

Coty, which has a market value of $9 billion and is majority owned by German conglomerate JAB Holdings, is expected to kick off an auction process in December to find a new owner for a portfolio of professional hair and nail care brands, the sources said, speaking on condition of anonymity.

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