Coty Inc. is moving closer to acquiring OPI Products Inc. for about $1 billion in cash, said two people with knowledge of the situation, according to Bloomberg. The two closely held companies may announce the deal by today, said the people, who asked not to be identified because the matter is private. Private-equity firms Bain Capital LLC and Advent International Corp. were among the companies that also made bids, people close to the situation said last month. OPI, founded almost three decades...