Coty Buys Majority of Chinese Skin-Care Company TJoy

Coty,Tjoy

Coty has acquired a majority stake in TJoy Holdings, Ltd., a Cayman Islands Company which owns Tjoy, a leading skin care company in China. Coty and TJoy anticipate closing the share purchase in January 2011.

Coty and TJoy anticipate closing the share purchase in January 2011.Coty's strategic investment extends its skin care business by providing it with a solid foothold in China through TJoy's existing d...   Full Story

China Economy | Dec 7, 2010 AM | Related China Story:Coty

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