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Breakingviews

Breakingviews TV: Coty to Koty

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The cosmetics group will buy 20% of Kim Kardashian West’s make-up line for $200 mln, the FT said. It follows last year’s acquisition of a stake in half-sister Kylie Jenner’s unit. With $8 bln in debt and falling sales, Coty has more urgent concerns, argues Dasha Afanasieva.

Breakingviews

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