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 firm Coty ($COTY) has wrapped up its divestment of professional hair care brand Wella by selling its last 25.8% stake ...

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 ...

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 ...

Investing.com -- Coty (NYSE:COTY) is selling its remaining stake in hair care brand Wella to KKR (NYSE:KKR) for $750 million, according to a Bloomberg News report on Friday. The deal also includes the ...

Coty can get 45% of the proceeds from any Wella sale or initial public offering (IPO) after KKR’s preferred return has been met, the beauty company said in a ...

The French beauty giant intends to use the cash generated by the divestment to pay down its short-term and long-term debt ...

Coty has sold its remaining 25.8% stake in hair care brand Wella to KKR for $750 million (€640.3 million), while retaining rights to a share of any future sale or initial public offering proceeds, the ...

The sale completes the program initiated in 2020 to simplify Coty’s portfolio and operations, while realizing the full value ...

Coty Inc. (NYSE: COTY) (Paris: COTY) ("Coty" or "the Company") today announced that it has sold its remaining 25.8% stake in Wella to KKR managed capital accounts and investment affiliates. Under the ...

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 ...