Coty eyes stake in Kylie Cosmetics

Sources say beauty giant is looking to take 51% stake in colour brand

The rumours may have been flying about for weeks but today it seems they are true; beauty giant Coty is in talks with Kylie Jenner to buy a majority stake in her colour brand, Kylie Cosmetics.

According to WWD, negotiations between the two sides are continuing for Coty to purchase a stake in the brand for £600m.

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