Utilize the input text as a context reference, choose the right relationship between Clairol and Coty from the options. Options: 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.

(Reuters) - Coty Inc (COTY.N) has sealed a deal to buy Procter & Gamble Co's (PG.N) beauty business, which includes brands such as Clairol and Wella, in a $12.5 billion transaction that will make Coty the world leader in perfume and hair care.

Answer: parent_organization