Kylie Jenner makes $600m from selling majority share in her beauty company

By Associated Press

Coty, which also owns Max Factor and Sally Hansen, has bought a 51% stake in Kylie Cosmetics

Kylie Jenner is selling a stake of her beauty business to the CoverGirl owner Coty, in a deal that values the reality TV star’s company at about $1.2bn.

Coty said on Monday that it would pay $600m for a 51% stake in Kylie Cosmetics.

Source: Kylie Jenner makes $600m from selling majority share in her beauty company

Category: Kylie Jenner, Beauty, Makeup, Fashion, Life and style, US news, Business