Private Equity Giant Carlyle Group Bets on ‘Clean' Cosmetics in Beautycounter Deal

Private equity giant Carlyle Group is taking a majority stake in the owner of "clean" cosmetics company Beautycounter, finalizing a $1 billion deal. The company is best known for pioneering ingredient transparency in beauty and personal care products. Beautycounter was last valued at $400 million in January 2018, according to...