Bart Becht will remain interim ceo and chairman, and Elio Leoni Sceti, who was due to take over the ceo post on July 1, will no longer be joining the company.
— June 23, 2015
Sweeping nature of deal would provide a global profile.
— June 16, 2015
If the deal were to close, it would make the fragrance-heavy Coty a much bigger player in the beauty space.
The company aims to grow at least one point faster than the global prestige beauty market this fiscal year.
— June 9, 2015
Bids in the second and final round of a Goldman Sachs-run auction for a large part of the consumer product giant’s beauty business came in on Monday.
Procter & Gamble's beauty business is worth up to a total of $12 billion.
On June 22, the French company will give one new share for every 10 held.
— June 5, 2015
Jerrod Blandino, cofounder of Too Faced Cosmetics, said the company has found a buyer who understands its whimsical, emotional positioning.
— June 4, 2015
The hoax briefly sent shares of the ailing beauty company up more than 20 percent after PTG said it offered to buy the direct merchant for $18.75 a share.