Coty beauty sale grinds to a halt amid salon and nail bar shutdowns, sources say

FRANKFURT/LONDON (Reuters) - German conglomerate Henkel and U.S. buyout fund KKR are holding off bidding for a portfolio of beauty brands that Coty Inc is trying to sell as they fret over the fallout of the coronavirus pandemic, four sources told Reuters.The sale, launched by Credit Suisse earlier this year, has hit a snag as hair salons and nail bars remain shut in most countries around the world, the sources said, speaking on condition of anonymity as the matter is confidential.Prospective..