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Coty to Seek IPO
Posted: May 21, 2012
Reuters and The Wall Street Journal report Coty had selected Bank of America Merrill Lynch and JPMorgan Chase & Co to lead the IPO and would be filing a prospectus with U.S. regulators soon.
Sources say the IPO would value Coty at more than $7 billion, and the offering is expected to be priced this summer or early fall, according to reports.