Marks successful completion of multi-year Wella monetization program exactly inline with its original target to divest Wella by end of CY25 Transaction reduces Coty’s financial net leverage to ~3x by ...
BEAUTY company Coty said on Friday it sold its remaining 25.8-percent stake in hair care brand Wella to KKR for $750 million, while retaining rights to a share of any future sale or initial public ...
Dec 19 (Reuters) - Coty (COTY.N), opens new tab has sold its remaining 25.8% stake in hair care brand Wella to KKR (KKR.N), opens new tab for $750 million, while retaining rights to a share of any ...
The 44th Ryder Cup will be played Sept. 29-Oct. 1 at Marco Simone Golf & Country Club in Rome, Italy. Europe was defeated in record-setting fashion two years ago at Whistling Straits in Wisconsin, but ...
Dec 19 (Reuters) - Coty has sold its remaining 25.8% stake in hair care brand Wella to KKR for $750 million, while retaining rights to a share of any future sale or initial public offering proceeds, ...
Coty has sold its remaining 25.8% stake in Wella to KKR-managed capital accounts and investment affiliates. The sale completes the program initiated in 2020 to simplify Coty’s portfolio and operations ...
THE WHAT? Coty has sold its remaining 25.8 percent stake in professional haircare company Wella to KKR-managed investment vehicles, completing its full exit from the business. THE DETAILS Under the ...
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 ...
Coty Inc. has sold its remaining stake in Wella to KKR & Co. for $750 million in cash and rights to certain future proceeds as the beauty company works to reduce its debt load. It will get 45% of the ...