Coty to Transfer Gucci Beauty License Back to Kering Ahead of Schedule for $400 Million
In connection with the deal, Kering expects to license out the Gucci beauty brand to L'Oreal starting in mid-2027, which will begin their 50-year exclusive licensing agreement ahead of schedule.
GM-Backed Momenta Makes Muted Hong Kong Debut After $751 Million IPO
Shares of the Chinese autonomous driving company rose 2.8% from its IPO price amid caution about the profitability of the self-driving auto industry.
AstraZeneca, Sino Biopharm Sign Up to $1.9 Billion Respiratory Drug Licensing Deal
