Yesterday Coty today confirmed that ten Procter & Gamble fragrance licenses will transfer to Coty upon regulatory approval and completion of the merger transaction, However, the licensors of the Dolce & Gabbana and Christina Aguilera Perfumes licenses did not provide their consent within the specified timetable, and in accordance with the transaction agreement and in the interest of staying on track with the transaction, it was agreed that these brands will not transfer upon completion of the merger.

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