What is the relationship between Max Factor and Coty in the context of the input sentence. Choose an answer from: product/material produced; manufacturer; distributed by; industry; position held; original broadcaster; owned by; founded by; distribution format; headquarters location; stock exchange; currency; parent organization; chief executive officer; director/manager; owner of; operator; member of; employer; chairperson; platform; subsidiary; legal form; publisher; developer; brand; business division; location of formation; creator.

P&G expects to finalize details of the Coty deal in the coming months, which could involve a split-off or spin-off transaction involving beauty brands such as Max Factor and Wella Professional.
owned_by