Monday 23 December 2024
 
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$12.5 billion

Coty buying P&G beauty business for $12.5bn

Coty Inc, the US maker of Calvin Klein and Chloe perfume, will buy Procter & Gamble's perfume, hair care and make-up businesses for $12.5 billion in the biggest cosmetics merger in recent history. Coty would become the num

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