Coty (COTY) Announces Proposed 50 Million Share Secondary Offering of Class A Common Stock by KKR (KKR)
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Coty Inc. Announces Proposed Secondary Offering of Class A Common Stock by KKR
September 7, 2021 4:57 PM EDTNEW YORK--(BUSINESS WIRE)-- Coty Inc. (NYSE: COTY) (Coty) today announced the commencement of a registered public secondary offering of 50,000,000 shares of Cotys outstanding Class A common stock. All of the shares of Class A common stock sold in the offering will be sold by KKR Rainbow Aggregator L.P.
Coty is not selling any shares of Class A common stock and will not receive any proceeds from the proposed offering.
Morgan Stanley is acting as the underwriter for the proposed offering.
The offering will be made only by means of... More
