By  on August 28, 2019

Coty Inc. is “moving at pace” in terms of divestitures, according to chief financial officer Pierre-André Terisse. 

The owner of CoverGirl and Wella said Wednesday it is getting out of the multilevel marketing business by selling its 60 percent stake in Younique, which it bought in 2017, back to the company’s other shareholders. 

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