The Business Times
business-time-50

P&G to sell beauty brands portfolio to Coty

Deal, worth US$12.5b, will include 43 brands such as Wella, Clairol

google-preferred-sourceAdd BT as a preferred source
Published Fri, Jul 10, 2015 · 09:50 PM

    New York

    CONSUMER products giant Procter & Gamble has agreed to sell its portfolio of 43 beauty brands to beauty products maker Coty for US$12.5 billion, the companies announced on Thursday.

    Included in the deal are professional salon and retail hair products, such as Nice 'n Easy and VS Salonist, as well as cosmetics and fine fragrances from Gucci and Dolce & Gabbana.

    TRENDING NOW

    Yeoh Pei Xien is the youngest grandchild of Yeoh Tiong Lay, who founded Malaysian multinational conglomerate YTL Corporation.

    Yeoh Pei Xien: YTL’s third-gen scion with a pastor’s heart

    The hiring push comes as Singapore’s banks expand their wealth franchises across Asia.

    Singapore banks’ battle for wealth talent goes beyond private bankers

    Wu, the owner of car dealership Allmotoring.sg, is alleged to have carried out the offences from February 2019 to November 2024.

    Car dealer charged in S$1.1 million tax evasion case involving Porsches, Ferraris, Rolls-Royces

    Construction site of the Sun Group-invested expansion project for Phu Quoc International Airport.

    Vietnam’s island megaproject races towards Apec deadline, but demand test looms

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More