Selena Gomez weighs the sale of her cosmetics brand valued at RM9.5bil

A file picture shows Selena Gomez arriving for the 30th Annual Screen Actors Guild awards in February. Photo: AFP

Actress and singer Selena Gomez has hired advisers to weigh offers for her cosmetics company, Rare Beauty, according to people familiar with the matter.

Rare Beauty brought on the bankers to field interest from firms looking to invest in or acquire the company, said the people, who asked to not be identified talking about private discussions.