Coty Plans To Raise $700 Million In Ipo

Coty Inc., known for its celebrity fragrances and OPI nail polish, is set to put its best face forward on the stock market. The beauty products maker is planning to raise $700 million in an initial public offering, moving on after dropping a $10.7-billion takeover bid for its much larger rival, Avon Products Inc.

Topics:  coty inc   opi   avon products inc   raise million   
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BING NEWS:
  • Coty says IPO to Raise Up to $1.2 Billion
    It plans to sell 43.6 million shares, or 14 percent of its holdings, in the IPO. Berkshire Partners and Rhone each own about 27.2 million shares, or 7.1 percent of the company, and they plan to sell 6.8 million shares each, trimming their respective stakes ...
    05/28/2013 - 5:59 am | View Link
  • Coty says IPO to raise up to $1.2 billion
    Vienna-based JAB Holdings, owned by four siblings from the billionaire Reimann family, holds nearly 82 percent of Coty. It plans to sell 43.6 million shares, or 14 percent of its holdings, in the IPO. Berkshire Partners and Rhone each own about 27.2 ...
    05/28/2013 - 4:00 am | View Link
  • Coty goes public to raise $700m for its treasure chest
    Fragrance player Coty has confirmed that it plans to raise approximately $700 million from an initial public offering, putting it in a stronger position for future acquisitions. The France-based business, which has grown enormously in recent years on the ...
    07/2/2012 - 4:04 am | View Link
  • UPDATE 3-Coty files to go public after Avon snub
    Coty posted net income of $32.9 million on revenue of $3.58 billion for the nine ... The amount of money a company says it plans to raise in its first IPO filings is used to calculate registration fees. The final size of the IPO could be different.
    06/29/2012 - 4:06 am | View Link
  • Dollars & Scents: Coty plans to raise $700M in IPO
    The beauty products maker is planning to raise $700 million in an initial public offering, moving on after dropping a $10.7 billion takeover bid for its much larger rival, Avon. The New York company, which touts fragrances by Jennifer Lopez, Celine Dion ...
    06/29/2012 - 3:33 am | View Link
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