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Carlyle Said to Seek Sale of Philosophy Skin-Care Business for $1 Billion

Carlyle Group is seeking about $1 billion in a sale of skin-care company Philosophy Inc., three years after acquiring the maker of Hope in a Jar moisturizer for half that amount, said three people with knowledge of the plan.

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Carlyle Said to Seek Philosophy Sale for About $1 Billion

Carlyle Group is looking to sell skin-care company Philosophy Inc. for about $1 billion, according to three people briefed on the plan.

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