The move completes the divestment plan the beauty group, and Coty will receive an upfront cash payment of $750m.
Coty has sold its remaining 25.8% stake in hair care brand Wella to KKR for $750 million, while retaining rights to a share ...
Beauty powerhouse Coty sells its remaining 25.8% stake in Wella to KKR and names Markus Strobel as Executive Chairman and Interim CEO.
Coty is entitled to receive 45% of any proceeds from a future sale and IPO of Wella. ・Coty said the sale completes a ...
PARIS – Coty Inc. continues deleveraging and divesting non-core assets, and has sold its remaining 25.8 percent stake in hair care giant Wella to KKR.
Investing.com -- Coty Inc. received a revised outlook to stable from S&P Global Ratings following the sale of its remaining 25.8% stake in Wella and subsequent debt reduction.
Coty Inc. (COTY) is among the best fundamentally strong penny stocks to buy according to analysts. On December 19, Reuters ...
Coty Inc. (NYSE: COTY) is selling its remaining stake in Wella to KKR for $750 million upfront and 45% of any future sale or IPO proceeds.
Coty sold its remaining 26% stake in hair and nail care company Wella to KKR. Under the terms of the deal, Coty will receive an upfront consideration of $750 million in cash, the beauty company said ...
Beauty company Coty has sold its remaining stake in haircare brand Wella to KKR for $750m, it was announced on Friday.
Dec ‌19 (Reuters) - ​Coty on ‌Friday said ​it ‍has sold ​its ​remaining 25.8% ⁠stake in Wella to KKR ‌for $750 million. Coty said ​it ‌has ‍rights to 45% ⁠of any proceeds from ​a further sale or an ...