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Jarden to Acquire Yankee Candle for $1.75 Billion

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Jarden to Acquire Yankee Candle for $1.75 Billion

Global consumer products company Jarden Corp. is set to acquire specialty-branded premium scented candle company Yankee Candle Investments for approximately $1.75 billion in cash from a fund managed by Madison Dearborn Partners, a private-equity firm.

The acquisition is expected to close in early fourth-quarter 2013 and will expand Jarden's portfolio of consumer brands in niche, seasonal staple categories, also expanding cross-selling opportunities for its global distribution platform.

NYX Cosmetics Expands Target Retail Partnership

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NYX Cosmetics Expands Target Retail Partnership

NYX Cosmetics announced Aug. 29 it has expanded its retail partnership with Target to more than 1,000 doors across North America. That followed positive reaction to its entry in Target’s Canadian market as well as an extremely successful test launch domestically.

“As a brand we are continuously looking for growth opportunities and strategic ways to make NYX more widely available to consumers,” says Scott Friedman, NYX Cosmetics CEO.

New L2 Report: Personal-Care Brands Lack Competitive Digital Performance

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New L2 Report: Personal-Care Brands Lack Competitive Digital Performance

Personal-care brands are not as competitive digitally as other consumer packaged goods categories, according to digital-innovation think tank L2's inaugural “Digital IQ Index: Personal Care” report, released Sept. 3.

It assesses and ranks the digital performance of 75 U.S. brands in the past year across six personal-care categories: bath & body, deodorant & antiperspirant, diapers, oral care, shaving & hair removal, and tissue & hygiene.

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