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. S&P affirmed Coty’s ’BB+ ...
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 ...
Coty Inc. (NYSE: COTY) stock rose Friday after it disclosed the sale of its remaining 25.8% stake in Wella to KKR & Co. Inc. (NYSE: KKR)–managed accounts and affiliates. The company is selling a stake ...
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 ...
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 ...