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Monday, 18 November 2019

Kylie Jenner makes $600m from selling majority share in her beauty company

Coty, which also owns Max Factor and Sally Hansen, has bought a 51% stake in Kylie Cosmetics

Kylie Jenner is selling a stake of her beauty business to the CoverGirl owner Coty, in a deal that values the reality TV star’s company at about $1.2bn.

Coty said on Monday that it would pay $600m for a 51% stake in Kylie Cosmetics.

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from World news | The Guardian https://ift.tt/37e9ijH

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