Mergers & Acquisitions

Coty, which counts such brands as Covergirl, Max Factor, Adidas and Clairol under its umbrella, is currently exploring the sale of its professional beauty division.

The PepsiCo brand added the role in order to grow usage among its current customers and penetrate the households of non-users in the United States.  

Franks will be responsible for operations in all of the company’s global markets, including driving unified growth as Godiva expands into new channels and categories.

PepsiCo has entered into a definitive agreement to acquire Be & Cheery, one of the largest online snacks companies in China.

The acquisition will boost Accenture’s growing technology practice and number of SAP professionals in the region.

The transaction includes the purchase of RSA Archer, RSA NetWitness Platform, RSA SecurID, RSA Fraud and Risk Intelligence and RSA Conference.

Coty is weighing the sale of the unit, which owns brands including Wella, as part of the CEO’s plan to turn around the wider business by boosting margins and reducing leverage.

The apparel and footwear company’s filing with the Securities and Exchange Commission on Feb. 14 reports it plans to raise $100 million in common stock.