Kim Kardashian West sells $200 million stake in makeup brand to US beauty giant Coty, in a deal that values the company at $1 billion

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US cosmetics giant Coty Inc has agreed to buy a 20% stake in Kim Kardashian West’s makeup brand KKW for $200 million, according to the Financial Times.The deal now values West’s cosmetics company at $1 billion.Coty also has a majority stake in half-sister kylie Jenner’s makeup and skincare line, which it bought last year for $600 million.Visit Business Insider’s homepage for more stories.

Coty Inc has agreed to buy a 20% stake in reality TV star Kim Kardashian West’s makeup brand KKW fo
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