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Coty to transition Gucci Beauty license back to Kering for consideration of about $400M

13 hours ago 9

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Coty (COTY) on Tuesday said it has entered into an agreement to transition the Gucci Beauty license back to Kering (PPRUY) (PPRUF) for a consideration of about $400 million.

Under the terms of the deal, Coty will continue to operate

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