Kylie Jenner makes $600m from selling majority share in her beauty company

Author : News Master Published: November 18, 2019

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Coty, which also owns Max Factor and Sally Hansen, has bought a 51% stake in Kylie Cosmetics

Kylie Jenner is selling a stake of her beauty business to CoverGirl owner Coty, in a deal that values the reality TV star’s company at about $1.2bn.

Coty said on Monday that it will pay $600m for a 51% stake in Kylie Cosmetics.

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from The Guardian https://ift.tt/37e9ijH
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