KKR completed the acquisition of a 60% stake in the Professional and Retail Hair business of Coty at a $4.3bn valuation.

KKR & Co completed the acquisition of a 60% stake in the Professional and Retail Hair business of Coty, an American multinational beauty company, at a $4.3bn valuation. "Today marks an important milestone in Coty’s transformation and the development of a stronger, more focused and flexible business that’s set up for long-term success," Sue Y. Nabi, Coty CEO.