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Coty's Size To Double Following $12.5 Billion P&G Deal

This article was originally published in The Rose Sheet

Executive Summary

Procter & Gamble will separate 43 of its beauty brands into a new company to merge with Coty in a deal valued at $12.5 billion. The new company will become the third-largest global cosmetics company, behind L'Oreal and Estee Lauder, Coty says.

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