Helen of Troy Pays $240m For Olive & June, Guthy-Renker Partners With Paris Hilton; Beauty Biz Roundup

Helen of Troy Ltd. is acquiring Olive & June DIY manicure/pedicure brand for $240m, a price that implies a multiple of less than 11x estimated calendar year 2025 adjusted EBITDA. Separately, Guthy-Renker LLC and celebrity Paris Hilton partner to launch 11:11 Beauty; Beauty Biz Roundup