Form 8-K COTY INC. For: May 03

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Coty, Inc. (COTY) Updates on P&G Beauty Brands Deal; Boosts Cost Savings Outlook

May 3, 2016 7:58 AM EDT

Coty Inc. (Coty) (NYSE: COTY) announced an update on its transaction with The Procter & Gamble Company (P&G), which is expected to close in October 2016.

On July 9, 2015, Coty announced that it had entered into a definitive agreement to acquire P&Gs Fragrance, Color Cosmetics and Hair Color Business (P&G Beauty Brands) through a Reverse Morris Trust... More