Coty Inc. shares jumped 2.3% in premarket trade Friday, after the company announced a definitive agreement to sell a roughly 9% stake in beauty and hair care company Wella to private-equity firm ...

P&G is offering to pay shareholders $97.65 for each of Wella's 44 million ordinary shares, and $65.10 for each of its 23.3 million shares of nonvoting preference stock. P&G will also take on $1.1 ...

Coty Inc said on Friday it would swap around 9% of its stake in professional beauty business Wella with KKR & Co Inc for some of the cosmetic maker's shares the U.S. buyout firm owns, valuing the ...

“I am honored to join Wella at such a pivotal time in the brand’s history as it celebrates 140 years of partnering with beauty professionals and salon owners,” Ms. Young-Scrivner said.