KKR news and archive

Coty to sell partial stake in Wella to KKR

Coty has confirmed that it has agreed to sell a 9 percent stake in professional haircare brand Wella to KKR in exchange for the redemption of half of KKR’s remaining convertible preferred shares in Coty. The deal will reduce Coty’s total shareholding in Wella to approximately 30.6 percent, which is valued at approximately 1.38 billion US...

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French luxury group SMCP prepares for IPO

SMCP, the parent company behind fashion luxury retailers Sandro, Maje and Claudie Pierlot has taken the first steps for a potential initial public offering (IPO). The company has filed a registration document with the French stock market regulator, the AMF, beginning the process for a possible IPO. "We are happy to register today our document de...