UPDATE 1-Coty to sell majority stake in brands including Wella to KKR in $4.3 bln deal
10 May UPDATE 1-Coty to sell majority stake in brands including Wella to KKR in $4.3 bln deal
Posted at 11:11h
in
News
by KMFSLLP
Cosmetics maker Coty Inc on
Monday said it had agreed to sell a majority stake in its
professional beauty and retail hair businesses, including Wella
and Clairol brands, to investment firm KKR in a deal
valued at $4.3 billion.
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