20 Mar 2024 --- Singer and actress Selena Gomez may offload her cosmetics empire, Rare Beauty. With a valuation of US$2 billion, the company reportedly hired financial advisers to weigh offers for a potential sale. According to Bloomberg, the star plans to remain involved in the business, no matter the outcome. Rare Beauty apparently brought Goldman Sachs and Raymond James on board to field interest from firms looking to invest in or acquire the company. The bankers are said to have met with potential buyers but not with Gomez.
