Beauty company Coty Inc announced on Tuesday they have completed acquisition of a 20 percent ownership interest in Kim Kardashian's business for $200M.The strategic transaction was announced in June 2020 and successfully completed on schedule in Q3 fiscal year 2021, according to a press release from Coty.Together, Coty and Kardashian will 'focus on entering new beauty categories and global expansion beyond existing product lines,' the statement read.
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