Seeing opportunity in the burgeoning hair care marketplace, Coty has reached a definitive agreement to acquire GHD (Good Hair Day), a premium brand of high-end hairstyling appliances from Lion Capital LLP for $510 million in cash. The transaction will be funded with a combination of cash on hand and available debt facilities. The acquisition will close by the end of the year and  is expected to be immediately accretive to Coty’s earnings. Headquartered in London, GHD has commercial operations...