Kim Kardashian In Talks To Buy Back Stake In Beauty Business From Coty; Coty Acquired 20% Stake In What's Now SKKN BY KIM In 2020 At $1B Valuation
Portfolio Pulse from Benzinga Newsdesk
Kim Kardashian is reportedly in discussions to buy back her stake in her beauty business from Coty Inc. The details of the deal are not yet disclosed.
July 11, 2023 | 8:38 pm
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Kim Kardashian is in discussions to buy back her stake in her beauty business from Coty Inc. This could potentially impact Coty's assets and revenues.
If Kim Kardashian buys back her stake, Coty Inc. could lose a significant asset and potential revenue source. This could negatively impact the company's stock price in the short term.
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