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Coty Agrees To Sell 3 6% Of Its Stake In Wella

CoverGirl cosmetics maker Coty has agreed to sell a portion of its stake in Wella to investment firm, IGF Wealth Management.

Coty Agrees to Sell $150M of Its Retained Wella Stake

Coty Expects to Sell 3.6% Stake in Wella to IGF Wealth Management, Cash Proceeds of Proposed Transaction will be used to Pay Down Debt Coty Remains on Track to Drive Leverage Towards 3x Exiting CY23 Coty Committed to Divest Remaining 22.3% Stake by CY25

Coty Selling Part Of Remaining Stake In Wella

Coty Selling Part Of Remaining Stake In Wella
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Coty (COTY) to Sell $150M of Its Retained Wella Stake

Coty (COTY) to Sell $150M of Its Retained Wella Stake
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