Coty Inc. (COTY) announced in July that it would buy Procter & Gamble Co.'s (PG) beauty brands for $13 billion. A previous version of "Coty Profit Falls on P&G Merger Costs," at 8:20 a.m. Eastern Time, misstated the time of the announcement.

 

(END) Dow Jones Newswires

February 04, 2016 10:40 ET (15:40 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.
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