"There's probably more straggler stuff that they'll do, but it's quite small and not a lot of impact on the business," said Ali Dibadj, an analyst with Sanford C Bernstein & Co. Some of P&G's top-selling beauty brands include Wella, the European haircare line, as well as Clairol hair dyes and Vidal Sassoon products, he said. Coty, owned by the European firm JAB Cosmetics BV, sells fragrances, skin products and cosmetics from brands including Calvin Klein, Marc Jacobs and Chloé. Coty had been set to appoint a new chief executive, Elio Leoni Sceti, the former head of the frozen foods maker Iglo Foods, earlier this year. But the company changed its mind in June, right when rumours about a deal with P&G began to swirl, saying that it had decided to keep its interim chief executive, Bart Becht, and that "leadership continuity" was "critical" as the company transitioned to a new strategy.