Coty Is Said to Sell Remaining 25.8% Stake in Wella to KKR

Coty Inc. is selling the remainder of its stake in Wella to KKR & Co. for $750 million and the right to a share of future proceeds from a sale...

By Jeannette Neumann · Bloomberg Markets

Coty Inc. is selling the remainder of its stake in Wella to KKR & Co. for $750 million and the right to a share of future proceeds from a sale or initial public offering of the haircare brand.