Coty has sold its remaining 25.8% stake in hair care brand Wella to KKR for $750 million, while retaining rights to a share ...

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Coty Inc. (NYSE: COTY) is selling its remaining stake in Wella to KKR for $750 million upfront and 45% of any future sale or IPO proceeds.

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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 ...

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Coty can get 45% of the proceeds from any Wella sale or initial public offering (IPO) after KKR’s preferred return has been met, the beauty company said in a ...