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The management team at Coty Inc. ( COTY ) struck a major, value-accretive deal for the company’s shareholders. Initially disclosed but not made final back on May 11 th , the firm finally closed the deal on June 1 st . This transaction involves the partial divestiture of a major as...
Coty (NYSE: COTY ), which has seen a volatile few sessions following explosive allegations from Forbes on Friday, a deal with KKR , and change at the top of leadership , jumped more than 6% pre-market after disclosing it was in discussions with another member of the Jenner-Kardashian fam...
In this episode of Market Foolery , Chris Hill chats with Motley Fool analyst Jason Moser about the protests happening across America and what businesses and leaders can do to address the issues surrounding them. They also cover a new CEO announcement, a new report on M&A activity, some l...
JPMorgan keeps a Neutral rating on Coty ( COTY +3.9% ) after sizing up the carve-out, sales deal with KKR, noting that execution risk remains amid the pandemic. More news on: Coty Inc., Consumer stocks news, Read more ...
The law firm of Federman & Sherwood has initiated an investigation into Coty, Inc. [NYSE: COTY] with respect to possible violations of federal securities laws. Coty is one of the world’s largest beauty companies, with an iconic portfolio of brands across fragrance, color cosmet...
Digital Ally (NASDAQ: DGLY ) +81% as Body-camera, surveillance stocks surge pre-market after protests . More news on: Digital Ally, Inc., Allied Esports Entertainment Inc., CTI BioPharma Corp., Stocks on the move, , Read more ...
BOSTON, June 01, 2020 (GLOBE NEWSWIRE) -- On Friday, May 29, 2020, Forbes published an article reporting that Kylie Jenner allegedly provided the magazine with misleading financial information about her cosmetics brand. Last year, Coty, Inc. (NYSE: COTY) acquired a majority stake in Ms. J...
Coty (NYSE: COTY ) inks a deal with KKR as part of a strategic transformation that the company says will deleverage its balance sheet, streamline its operations and strengthen its leadership team. More news on: Coty Inc., Consumer stocks news, Merger & acquisition news, Read more ....
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha , iTunes , Stitcher and Spotify . The worst civil unrest in decades erupted across the nation over the weekend as protests turned violent following the death of Geo...
Partnership with KKR delivers immediate deleveraging via $1 billion direct investment and $2.5 billion net cash proceeds from Wella transaction, lowering Coty’s net debt/adjusted EBITDA from ~5.6x to ~4.5x on a pro forma basis Simplified portfolio enables focused leadershi...
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Coty Inc. (NYSE: COTY) (Paris: COTY), one of the world’s largest beauty companies, announced that its company executives will present at upcoming investor events. Wednesday, June 5: Deutsche Bank Global Consumer Conference – Sue Nabi, Chief Executive Officer and Laurent Me...