Coty will place 33 million new actions at the Parisian stock exchange

One of the largest producers of cosmetics and perfumery in the world, Coty Inc which has considerable debts, considers that listing in Paris will help to strengthen its positions in Europe and to increase authority among investors, focused on cosmetic brands. Organizers of placement BNP Paribas SA, as Credit Agricole, Citigroup Global Markets Ltd and Santander act. Proceeds of Coty plans...