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Coty sells remaining Wella stake to KKR

Coty sells remaining Wella stake to KKR

THE WHAT? Coty has offered its remaining 25.8 p.c stake in skilled haircare firm Wella to KKR-managed funding autos, finishing its full exit from the enterprise. THE DETAILS Underneath the phrases of the transaction, Coty will obtain US$750 million in upfront money consideration, alongside an entitlement to 45 p.c of any proceeds from a future […]

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