Coty Inc is set to buy 20% stake of KKW for $200 Million

Anything KIm Kardashian touches turns to gold. Today, Coty Inc shared that it is set to buy 20% stake of Kim Kardashian West’s beauty line KKW for $200 million. That boosted Coty’s shares 17%. This deal values Kim’s line at $1.0 billion dollar. The reality star launched her beauty line in 2017.


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