Coty Announces Strategic Partnership With KKR

Skadden is advising Coty Inc. in its issuance of convertible preferred shares to KKR for an aggregate purchase price of up to $1 billion. Skadden is also advising Coty Inc. in its sale of a 60% interest in its professional beauty business and retail hair business to KKR at an enterprise value of $4.3 billion.

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