Financial News

P&G Completes Beauty Deal with Coty

Procter & Gamble (P&G) completed its $12.5 billion Reverse Morris Trust transaction with Coty Inc., which transferred its global fine fragrances, salon professional, cosmetics and retail hair color businesses, along with select hair styling brands. On Sept. 30, 2016, P&G completed a split-off transaction whereby P&G provided its shareholders with the opportunity to exchange their shares of P&G common stock for Galleria Co. common stock. Effective Oct. 1, 2016, Galleria C...

Continue reading this story and get 24/7 access to Happi for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Happi Newsletters