Coty to sell 9% stake in Wella to majority owner KKR - NewsBreak

Oct 1 (Reuters) - 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 deal at $426.5 million. The deal cuts Coty's stake...