Procter & Gamble Co
The owner of Pantene and SK-II wants to buy back its higher-interest debt.
The company's cfo said the $11.4 billion deal value was $5 billion more than P&G could have achieved by…
With 41 new beauty brands, Coty will now sell 6 to 8 percent of the business, said chairman Bart Becht.
The move makes Coty the world's third-largest beauty company, with about $9 billion in sales, it said.
The exchange offer closes at midnight on Sept. 29.
Béatrice Ferrant has been named artistic director of the line.
The business commenced an exchange offer Thursday to sell a portfolio of beauty brands to Coty.
Retailer enthusiasm over the beauty category was tempered only by uncertainty as industry mergers unfold.
The spot, featuring Jared Leto, taps into the zeitgeist of Millennials today.
Foreign currency effects are still affecting numbers for both companies.
The lawsuit alleges trademark infringement.
Jared Leto, Alessandro Michele and Trevor Andrew were at the event in Milan Monday night.