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BRIEF-Coty enters exclusive licensing agreement for some Burberry products

April 3 Coty Inc

* Entered agreement to acquire exclusive long-term global license rights for Burberry beauty luxury fragrances, cosmetics and skincare

* Coty will pay a cash consideration of 130 mln pounds for long-term exclusive global license

* Deal is expected to close in calendar Q4 2017, at which point Coty will buy from Burberry approximately 50 mln pounds of inventory Source text for Eikon: Further company coverage:

我们的标准: 汤森路透“信任原则

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