Consumer Goods IPOs » By The Online Investor Staff, updated Sat., Mar. 25, 12:22 PMRecent initial public offerings in the Consumer Goods IPOs category.
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Slide #1. Coty Inc. — Initial Public Offering
Company:
Coty Inc.
Proposed Symbol:
COTY
Shares Offered:
57,142,857
Price Per Share:
$17.50
Over-Allotment:
8,571,428
Description:
Coty Inc. ("Coty") today announced the pricing of its initial public offering of 57,142,857 shares of its Class A common stock at a price of $17.50 per share. Coty's Class A common stock is expected to begin trading on the New York Stock Exchange on June 13, 2013 under the ticker symbol "COTY." The shares offered are being sold by existing Coty stockholders, and Coty will not receive any of the proceeds of the offering. These existing stockholders have also granted the underwriters an option for 30 days to purchase an additional 8,571,428 shares of Class A common stock at the initial offering price less the underwriting discount.
