Morphe's Parent Company Acquired for $690M by Jefferies, Cerberus

Description

Forma Brands, the bankrupt owner of the Morphe makeup brand, reached an agreement with lenders Jefferies Finance LLC and Cerberus Capital Management to be acquired in exchange for $690 million in debt relief, according to a court filing.

CPG WIRE (@cpgwire) / X

Morphe's Parent Company Acquired for $690M by Jefferies, Cerberus - Bloomberg

So Nobody Finds This Weird? : r/jaclynhillsnark

Who owns Jaclyn Cosmetics? Is it Morphe? I can't remember the business relationship between the two. : r/jaclynhillsnark

CPG WIRE (@cpgwire) / X

Morphe's Parent Company Acquired for $690M by Jefferies, Cerberus - Bloomberg

R.I.P.- Bankrupt Brands Spell Trouble for Beauty - The Robin Report

CPG WIRE (@cpgwire) / X

Report: Lenders Acquire Forma Brands for $690M

R.I.P.- Bankrupt Brands Spell Trouble for Beauty - The Robin Report

So Nobody Finds This Weird? : r/jaclynhillsnark

Report: Lenders Acquire Forma Brands for $690M

R.I.P.- Bankrupt Brands Spell Trouble for Beauty - The Robin Report

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