COTY SIGNS OFF $4.3BN KKR DEAL, NAMES NEW CEO

摘要

Coty's plan to sell a majority stake in its Professional and Retail Hair business to KKR has progressed to the next stage. Having entered a Memorandum of Understanding in early May, the beauty giant has now signed a definitive agreement with the private equity firm to sell 60% its Wella, Clairol, OPI and ghd brands, which it is collectively referring to as 'Wella'.