Watch: Investment firm JAB could use Coty's stock for more deals, johnsfoley explains.
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JAB Looks to Boost Stake in Coty After Management TurnoverJAB has offered to buy up to $1.75 billion of shares in Coty, a move that would significantly increase the investment firm’s stake in the embattled beauty giant.
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JAB offer for Coty puts lipstick on a pigThe investment firm’s bid to take a majority stake in the troubled perfumer has more than a whiff of opportunism. Coty’s shares collapsed after a bad deal that JAB masterminded. Stopping short of a full takeover shortchanges shareholders, and suggests JAB isn’t yet done meddling.
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