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Posted on: May 9, 2018, 7:21 a.m.
Private equity firm TPG Capital is in advanced talks to take a minority stake in Anastasia Beverly Hills, a deal that could value the cult makeup brand at roughly $3 billion, sources familiar with the situation tell CNBC. The company's estimated value is a sign of just how much the makeup industry has changed in the past few years, as influencers create their own makeup empires and makeup brands seek new channels to reach customers outside of the increasingly challenging ... Full investment news articleRelevent to this post: TSG TPG,