By  on October 21, 2019

Coty Inc. is officially looking to get out of the professional beauty business.

The company has tapped Credit Suisse to explore options for its professional portfolio, including Wella, Clairol, OPI and Ghd. For Wella and Clairol, both professional and retail-based sides of the operations are on the table. Coty is also considering selling its Brazilian business, Hypermarcas, which it acquired in 2015.

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