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E.l.f. Beauty Bets Big on rhode with $1 Billion Acquisition
Design SceneE.l.f. Beauty has reached a definitive agreement to acquire rhode, the skincare brand founded by Hailey Bieber, in a deal worth $1 billion. The transaction includes $800 million in cash and stock at closing, and an additional $200 million in potential earnout payments based on future performance over the next three years. The acquisition marks […]
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