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Rumors swirl around troubled personal care business.
February 7, 2020
By: Happi Staff
Nearly everyone knows that Coty bit off more than it could chew when it completed a $12 billion purchase of a bevy of brands from Procter & Gamble a few years back. Now, Coty is said to be in talks to sell many of those beleaguered beauty brands to investment firm KKR for $8 billion, according to sources. This isn't the first time that the For Sale sign has been hung on portions of Coty beauty. Last fall, Unilever and Henkel and P-E funds, including Advent and Cinven, were sa...
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