Neville Prior

Is P&G Closer to Selling Beauty Brands?

Neville Prior  10 June 2015 01:32:59 PM
Image:Is P&G Closer to Selling Beauty Brands?Image:Is P&G Closer to Selling Beauty Brands?Image:Is P&G Closer to Selling Beauty Brands?
Rumour has it that P&G has received binding offers for parts of its beauty business. Henkel has bid for the Wella and Clairol brands, although apparently so has private equity firm KKR. Coty on the other hand is said to have bid for the fragrance and cosmetics business, which includes Cover Girl and Max Factor, (Warburg Pincus, another private equity business is also said to have bid).
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