Report
Jay-Z’s MarcyPen reportedly nears deal for LVMH’s Fenty Beauty stake
Puck reports the deal would give MarcyPen Capital Partners LVMH’s 50 percent stake in Rihanna’s beauty brand.
TLDR
Puck reports Jay-Z’s MarcyPen Capital Partners is close to a deal to buy LVMH’s 50 percent stake in Rihanna’s Fenty Beauty. LVMH had said a year earlier that it would explore selling the stake.
Combined views
14.5K
1 Source, first seen 10h ago
62 likes5 comments34 saves13 reposts