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Coty to exit Wella with sale of remaining stake to KKR
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 ...
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.
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.
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 ...
Markus Strobel’s appointment comes days after the beauty giant sold its remaining stake in hair care brand Wella for $750 ...
The French beauty giant intends to use the cash generated by the divestment to pay down its short-term and long-term debt ...
NEW YORK & GENEVA--(BUSINESS WIRE)--Wella Company, an innovative global leader in the $100 billion hair and nail segment of the beauty industry, today marked its third year as an independent company, ...
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.
Turner knows a thing or two about good hair days, considering she's a natural blonde who dyes her hair red for her role as Sansa Stark on Game of Thrones. "My red hair represents the most amazing ...
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