Stifel Affirms Coty (COTY) at 'Buy'; ghd Acquisition Shows Willingness to Perform Deals

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

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