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P&G acquires women's shaving startup

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Procter & Gamble announced plans to buy women's shaving startup Billie.

Billie last January announced a $25 million fundraising round backed by the Goldman Sachs Private Capital Investing group. The company has raised a total of $35 million.

The financial terms of the Procter & Gamble acquisition were not disclosed.

Read more from Crunchbase News.

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