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...A version of this article was first published by Nikkei Asia on September 18. ©2023 Nikkei Inc. All rights reserved....
...Cheap bills were the other benefit of decades of underinvestment in UK water infrastructure…That era of cosmetic, short term good times is over....
...Citi just needs to make a payment of around $9 million to a group of creditors to the cosmetics company Revlon. But instead of transferring $9 million, they accidentally transfer $900 million....
...A group holding $500mn of those loans chose not to return the mis-wired funds to the US bank....
...A version of this article was first published by Nikkei Asia on January 24, 2023. ©2023 Nikkei Inc. All rights reserved....
...Perhaps one of the best was Croda, a Yorkshire business that extracted lanolin — the grease found in sheep wool — for cosmetics, leather dressing and as a waterproofing agent....
...disclosures in pre-merger notification forms Home in on smaller deals Overhaul merger guidelines with a stronger focus on buyout groups We got a taste of what’s to come last June, when the FTC forced JAB Holdings...
...The KKW deal marks the latest step taken by Coty’s majority shareholder, JAB Holdings, to turn round the unprofitable cosmetics group whose shares have dropped nearly two-thirds since the start of the year...
...In 2015, JAB backed Coty to buy Procter & Gamble’s beauty brands for $12.5bn so as to diversify into haircare and colour cosmetics and double its revenues to $9bn....
...Cosmetics firm Coty has named its fourth chief executive in five years as it seeks to deliver on a long-promised turnround under the majority ownership of investment group JAB Holdings....
...In some cases, she noted, Tether’s declarations of holdings came only as a result of temporary cosmetic cash injections (usually described as window dressing in the finance sector)....
...Revlon has been pulled back from the brink of bankruptcy after billionaires Ron Perelman and Carl Icahn ended a stand-off over the cosmetics company’s debt....
...“We are going to become light and nimble,” said Peter Harf, a managing partner at Coty’s majority owner JAB Holdings who has also been serving as chief executive since June....
...The private equity-backed retailer sued Citi in 2018 alleging it was holding up a corporate reorganisation by failing to release collateral from $4bn of loans, inaction that was designed to “serve the parochial...
...Investors include GGV Capital, Tencent Holdings and Lightspeed Venture Partners....
...The lawsuits come after Coty, and its controlling shareholder JAB Holdings, staked $800m on twin deals with the sisters, betting their influence in the beauty industry will help turn around the lossmaking...
...Coty, the cosmetics company controlled by investment vehicle JAB Holdings, has chosen a former L’Oréal executive as chief executive in the latest effort to revive its fortunes....
...Kim and her younger sister Kylie have done exactly that, attracting huge investments from cosmetics maker Coty....
...JAB Holdings, the majority owner of cosmetics maker Coty, will tighten its control over the problem-plagued group by installing its chairman Peter Harf as chief executive....
...Another twist in JAB’s hectic year JAB Holdings, the acquisitive consumer industry group, is having a hectic 2020 in parts of its portfolio....
...(Patrick Temple-West) Brazilian beauty business becomes world’s biggest B-Corp Brazilian cosmetics company Natura is a veteran of the B-Corp movement....
...We told you about how KKR harnessed both of these techniques when it purchased a majority stake in JAB-backed cosmetics maker Coty and injected it with $750m in exchange for preference shares....
...JAB itself will not be selling any of its holdings and will remain the largest individual shareholder, said people familiar with the situation....
...Job moves Coty, the cosmetics company controlled by prolific dealmaking investment vehicle JAB Holdings, has made yet another chief executive change....
...Coty and its controlling shareholder JAB Holdings have staked $800m on Kim Kardashian West and Kylie Jenner, who rose to fame on the reality TV show Keeping up with the Kardashians....
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