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Coty Divests Remaining Stake in Wella for $750 Million
Coty will use the $750 million upfront payment to reduce debt and maintain 45% of future Wella sale or IPO proceeds after KKR’s preferred return.
- On December 19, 2025, Coty in Paris sold its remaining 25.8 percent stake in Wella to KKR for $750 million upfront and 45 percent of future proceeds after KKR's preferred return.
- Against that backdrop, Coty moved to sell its remaining stake, using the upfront cash to pay down short- and long-term debt as part of a program begun five years ago.
- The market reacted, with Coty shares rising in New York as Wella proceeds and free cash flow of more than $2500 million should lower net leverage to about three times by end-2025.
- Coty's chief financial officer Laurent Mercier said completing the deal fulfills the original target to fully divest Wella by the end of CY25 and highlights the strategic partnership with KKR.
- Looking ahead, analysts say further disposals would aid deleveraging, despite Coty denying a prestige-division sale on Nov. 5, amid ongoing speculation about luxury licenses and leadership.
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Coty cashes out of Wella in $750-million deal with KKR
BEAUTY company Coty said on Friday it sold its remaining 25.8-percent stake in hair care brand Wella to KKR for $750 million, while retaining rights to a share of any future sale or initial public offering (IPO) proceeds.
·Manila, Philippines
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Total News Sources14
Leaning Left2Leaning Right2Center1Last UpdatedBias Distribution40% Left, 40% Right
Bias Distribution
- 40% of the sources lean Left, 40% of the sources lean Right
40% Right
L 40%
C 20%
R 40%
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