The Business Times
The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

Companies & Markets

SUBSCRIBERS

P&G to sell beauty brands portfolio to Coty

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

Published Fri, Jul 10, 2015 · 09:50 PM
Share this article.

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.

P&G said in a statement that it hoped to structure the sale …

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Consumer & Healthcare

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here