Coty ‘Absolutely Not In Fire Sale Mode’ Following Younique Divestiture That ‘Stunned’ Investors

Leadership assured analysts on 6 November that Coty's Professional Beauty and Brazilian businesses are strong performers of high interest to potential acquirers, unlike Younique. Coty recently sold its majority stake in the social selling company back to its founders at a price that raised eyebrows.

Hand man doing finances and calculate on desk about cost at home office.

[Coty Inc.] sold its controlling stake in direct seller Younique LLC for a fraction of the price it paid two years ago, giving rise to investor concerns that other non-core businesses on the chopping block could be unloaded just as cheaply.

According to 6 November

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