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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.
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, ...
PARIS – Coty Inc. continues deleveraging and divesting noncore assets, and has sold its remaining 25.8 percent stake in hair care giant Wella to KKR. Under terms of the deal, Coty is to receive an ...
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 ...
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 ...
Global hair care brand Wella has withdrawn from the domestic market. According to industry sources on the 2nd, Areteon, Wella's domestic distributor, informed over 2,000 salons that have been ...
Beauty powerhouse Coty sells its remaining 25.8% stake in Wella to KKR and names Markus Strobel as Executive Chairman and Interim CEO.
06 January 2008Hair color goes back to nature Dubai - For years women have looked to nature for inspiration for their beauty regiment. Inspired by its commitment to deliver beauty, Wella has combined ...
NEW YORK & GENEVA--(BUSINESS WIRE)--Wella Company, a global leader in the $100 billion beauty industry, today celebrates its one-year anniversary as a stand-alone company. Wella Company has a top ...
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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Coty divests remaining stake in Wella
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. Under terms of the deal, Coty is to receive an ...
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