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Coty Makes All-Stock Bid for Bourjois

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By: TOM BRANNA

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Two international beauty giants may come together in the realm of color cosmetics. Coty has submitted a binding offer to acquire the Bourjois cosmetics brand from Chanel for 15 million Class A Coty shares. According to Chanel, it has agreed to enter into exclusive negotiations. Bourjois’ portfolio of color cosmetic products are sold through approximately 23,000 points of sale in more than 50 countries around the world, enjoying leading positions in some of the most attractive markets for colo...

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