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 initial public offering of the hair care brand.
(Reporting by Shivani Tanna in Bengaluru; Editing by Rashmi Aich)
Keyword: Text NEWS to 39327*
Details: Breaking News Alerts
Messages: expect up to 1 per week
Keyword: Text WEATHER to 39327*
Details: Daily Weather Forecast
Messages: expect up to 7 per week
Sponsor: King’s Campers
Keyword: Text TRAFFIC to 39327*
Details: Traffic and road alerts
Messages: expect up to 5 per week
*Message & data rates may apply. Text STOP to 39327 to quit. Text HELP for help or visit www.vibes.com/help/ for support. No purchase necessary. Marketing text messages generated by an automated dialer will be delivered to the phone number you provide at opt-in
Comments