Finance

Coty sells remaining stake in Wella for $750 million

Published by Global Banking and Finance Review

Posted on December 19, 2025

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Dec ‌19 (Reuters) - Coty ‍on ‌Friday said it ⁠has ‌sold its remaining ⁠25.8% stake in ​Wella to KKR ‌for $750 ⁠million.

Coty said it has ​rights to 45% of any proceeds ​from ‍a ​further sale or an initial public offering of ⁠the hair care ​brand.

(Reporting by Shivani Tanna in ‌Bengaluru; Editing by Rashmi Aich)