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Coty Pays $600M For Majority Stake In Kylie Cosmetics.

: 18/11/2019 - 17:02

Kylie Jenner's skincare business is being bought by the company which makes fragrances for Burberry, Gucci and Hugo Boss.

American beauty giant Coty is paying 600 million dollars for a majority stake in Kylie Cosmetics.

The company says it wants to work with the reality star to "build a global beauty brand together."

Image: Kyle Jenner/Twitter

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