As of January 29, the cosmetics retailer has reorganized its company structure, and Ulta executives believe that the business will be more efficient in this new configuration.
Investment holding company Berkshire Hathaway has announced the completion of one of the biggest deals in its history, as it has acquired Lubrizol for approximately $9.7bn.
Berkshire Hathaway is to buy specialty chemicals company Lubrizol in a deal worth $9.7bn, one of the largest acquisitions in the investment holding company’s history.