Seeing opportunity in the burgeoning hair care marketplace, Coty has reached a definitive agreement to acquire ghd, a premium brand in 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. Upon closing, the acquisition is expected to be immediately accretive to Coty’s earnings and is set to close by the end of 2016.   ghd is headquartered in London and has commercial opera...