Coty Looks to Offload Brands Including Wella, Clairol; Shares Rise

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Coty Looks to Offload Brands Including Wella, Clairol Shares Rise

Coty Corporation is going through the purchase of their business unit that houses hair and nail care brands for example Wella, Clairol and OPI included in its intend to whittle lower its portfolio and cut debt, delivering its shares up nearly 14% on Monday.

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