By  on June 12, 2013

NEW YORK — Coty Inc. has capped off its long-anticipated quest to go public.

After the close of the market Wednesday, Coty priced its stock at $17.50, at the midpoint of its forecast range of $16.50 to $18.50, and will officially throw open its boardroom doors to Wall Street when trading of the shares begins today on the New York Stock Exchange. The company raised $1.15 billion by offering 57.1 million shares of Class A common stock and 8.6 million shares to the offering’s underwriters, led by Bank of America Merrill Lynch, J.P. Morgan and Morgan Stanley.

To Read the Full Article

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus