Coty Exits Wella Shareholding with Sale of Remaining Stake

03:07 AM EST, 12/19/2025 (MT Newswires) -- Coty (COTY.PA) divested the remaining 25.8% stake in salon hair products company Wella to accounts and investment affiliates managed by KKR. The beauty company will receive immediate cash proceeds of $750 million, the majority of which will be utilized for the repayment of short and long-term debt, according to a Friday release. Coty is also entitled to receive 45% of the proceeds resulting from the sale or initial public offering of the business.