Wella Files for IPO

Dow Jones

5小時前

KKR-backed hair and nail care company Wella filed for an initial public offering.

Wella plans to apply for a New York Stock Exchange listing under symbol WELA.

Wella joined Coty via the 2016 purchase of Procter & Gamble's beauty business.

Under a deal announced in May 2020, KKR bought a majority of Wella. Last December, Coty said it sold its remaining 25.8% stake in Wella to KKR, completing a program to simplify Coty's portfolio and operations.

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