P&G merges its beauty brands with Coty Inc.

Multinational consumer goods company Procter & Gamble (P&G) is selling 43 of its hair care, fragrance, and cosmetics brands to beauty products manufacturer Coty Inc. in a merger …

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CVS to take over Target’s pharmacies in acquisition deal

Retail pharmacy chain CVS announced its acquisition of Target’s pharmacy department for $1.9 billion, The Washington Post revealed on June 15. The deal will result in the rebrand…

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AbbVie aborts its plan to acquire Shire

U.S. drug company AbbVie is aborting its plan to acquire Irish pharmaceutical company Shire for $55 billion due to the U.S. Department of Treasury’s regulatory changes aimed at lim…

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Written by James H. Arenson

Last Updated : July 17, 2015