Coty is Now on the S&P 500

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The new Coty will be among the top players in a number of beauty categories.

Coty, which is preparing to absorb a range of beauty brands from P&G, has joined the S&P 500, replacing Diamond Offshore Drilling Inc.

Coty will be added to the S&P 500 GICS (Global Industry Classification Standard) Personal Products Sub-Industry index.

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