Kylie Jenner Sells $600 Million Stake in Beauty Business

Coty is paying $600 million for a controlling stake in Kylie Jenner's cosmetics startup, wagering that the celebrity's brand can revive a struggling beauty business based on CoverGirl and MaxFactor.

 
Madrid Stock Exchange Attracts Interest From European Rivals

A bidding war for the Madrid stock exchange looked likely as one rival European exchange made a bid and another stated its interest in the Spanish bourse, in the latest push for consolidation among trading venues.

 
HP's Clock is Now Ticking Faster

HP and Xerox at least seem to agree on one thing: the printing and copying business needs consolidation.

 
P&G Pursues the Do-It-Yourself Health-Care Business

Americans' fixation on self-care has them spending billions to treat conditions from insomnia to itchy skin without doctors or prescription drugs. Procter & Gamble is trying to seize on the trend.

 
Yahoo Japan and Chat App Line Agree to Merge

Internet portal Yahoo Japan and chat app Line said they have a basic agreement to merge in a deal that includes a $3.1 billion buyout of Line's minority shareholders

 
Ford's Big Bet: New Electric SUV to Wear Mustang Logo

Ford is expanding the Mustang nameplate beyond its traditional two-door sports car and unveiled a new all-electric SUV to be called the Mustang Mach-E.

 
Hong Kong's Protests Won't Derail Alibaba's $13 Billion Listing

Despite Hong Kong's political troubles, the city is still the obvious listing destination for Chinese e-commerce giant Alibaba-and the timing is right too.

 
Airbus Books $16 Billion Deal With Emirates, Less Than Planned

Airbus secured a $16 billion order for its A350 wide-body jets from Emirates Airline, a significant commitment for one of its biggest jets but less than an earlier promise by the Mideast carrier to buy $21 billion worth of Airbus planes.

 
Why Luxury Giants Keep Popping the Question

Good things rarely come in small packages anymore in the luxury goods industry. The new advantages of scale mean investors can expect more takeover approaches like LVMH's recent $14.5 billion bid for Tiffany.

 
Volkswagen Backs Strategic Plan Targets

Volkswagen confirmed the targets set out in its Together 2025+ strategic plan, saying it expects its 2020 operating profit before special items to be between 6.5%-7.5% of sales.

(END) Dow Jones Newswires

November 18, 2019 09:15 ET (14:15 GMT)

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