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Carlyle Group to take majority stake in Beautycounter cosmetics brand

April 13 (Reuters) - Private-equity firm Carlyle Group Inc will be taking a majority stake in Beautycounter, valuing the U.S. cosmetics company at $1 billion.

The investment will be used to boost awareness of Beautycounter brand and bolster its e-commerce business, Counter Brands, the parent company of both firms, said on Tuesday. (Reporting by Uday Sampath in Bengaluru, Editing by Sherry Jacob-Phillips)

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