UPDATE 1-Coty to buy Brazilian Hypermarcas' beauty unit for $1 bln
November 02, 2015 at 07:45 AM EST
Nov 2 (Reuters) - Perfume maker Coty Inc will buy the personal care and beauty business of Brazilian consumer goods maker Hypermarcas SA for about $1 billion in cash, three months after agreeing to buy 43 similar brands from Procter & Gamble.