Procter & Gamble (NYSE:PG) has reportedly entered into a new deal with U.K. cosmetic technology company CyDen Ltd.

Procter & Gamble (NYSE:PG) Makes UK Make-Up Deal

Under this newly signed five-year deal worth $394 million, Procter & Gamble (NYSE:PG) will sell CyDen’s personal hair removal device around the world.

The device will use CyDen’s iPulse intense pulsed light technology, using natural light to remove unwanted body hair permanently.

However, Procter & Gamble (NYSE:PG) has not officially confirmed the report yet.

Procter & Gamble Co. (NYSE:PG) shares are currently standing at 63.88.

Price History
Last Price: 63.88
52 Week Low / High: 57.56 / 67.72
50 Day Moving Average: 65.14
6 Month Price Change %: 4.5%
12 Month Price Change %: -1.1%