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December 2, 2015
By: TOM BRANNA
Editor
BRAZIL: Coty Inc. has entered into a definitive agreement to acquire the personal care and beauty business of Hypermarcas S.A. for approximately $1.0 billion in cash. The transaction will be funded with a combination of cash on hand and available debt facilities. The beauty business had sales of $253.5 million last year, offering brands that hold leading positions in the highly competitive Brazilian beauty and personal care market, which is the third largest in the world. Brands that Coty ...
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