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Henkel & Coty Submit Bids for P&G Assets

Both companies have made offers to buy P&G’s beauty brands.

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By: Marie Redding

Senior Editor, Rodman Media

Henkel & Coty have both made binding offers to buy separate parts of Procter & Gamble Co’s beauty businesses, worth up to a total of $12 billion, reports Reuters.

Henkel made an offer for P&G’s haircare business, which includes the Wella and Clairol brands.

Coty has submitted bids for P&G’s fragrance unit and its cosmetics business.




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