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   
  • Coty owners to raise up to $1.1 bn IPO
    Coty Inc, one of the world's largest fragrance and beauty products company, yesterday said that it is planning to raise up to $1.1 billion through ... which holds nearly 82 per cent of Coty, plans to sell 43.6 million shares, or 14 per cent of its holdings ...
    05/28/2013 - 10:36 pm | View Link
  • 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 - 6:14 am | View Link
  • Coty IPO Aims for $700 Million
    Perfume maker Coty Inc. filed plans to raise $700 million via an initial public offering, firming up its strategic plans after dropping its $10.7 billion offer to buy rival Avon Products Inc. last month. The offering will allow investors including Germany ...
    06/29/2012 - 10:05 am | View Link
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