Saturday 14 December 2019
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reuters - 26 days ago

Coty takes $600 million bet on reality star Kylie Jenner s beauty brands

Coty Inc said on Monday it would pay $600 million for a majority stake in Kylie Jenner s make-up and skincare businesses, as it looks to tap into the reality TV star s huge social media reach, sending its shares up as much as 5%.

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