Coty buying P&G beauty business for $12.5 billion
Home/businessNews/ Coty buying P&G beauty business for $12.5 billion
Coty buying P&G beauty business for $12.5 billion
(Reuters) – Coty Inc , the U.S. maker of Calvin Klein and Chloe perfume, will buy Procter & Gamble’s perfume, hair care and make-up businesses for $12.5 billion in the biggest cosmetics merger in recent history.