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Coty (COTY) to Acquire 'Good Hair Day' in ~$510M Deal

Go back to Coty (COTY) to Acquire 'Good Hair Day' in ~$510M Deal

Coty Agrees to Acquire ghd (“Good Hair Day”) the World’s Premium Hair Straighteners & Appliances Company

October 17, 2016 7:30 AM EDT

Transaction Further Strengthens Cotys Worldwide Leading Position in Professional Hair

NEW YORK--(BUSINESS WIRE)-- Coty Inc. (NYSE: COTY) announced today that it has reached a definitive agreement to acquire ghd (www.ghdhair.com), a premium brand in high-end hairstyling appliances from Lion Capital LLP for approximately 420 million (ca.USD$510 million) in cash. The... More