Tag Archives: KKR

KKR Invests $1B in Coty as Part of Definitive Transformation Agreement

Coty signed a definitive agreement with KKR as part of a transformation that will deleverage Coty’s balance sheet, streamline its operations and strengthen its leadership team. KKR is investing $1 billion directly into Coty through the issuance of convertible preferred shares.

Toys ‘R’ Us Winds Down U.S. Business, Will Liquidate 735 Stores

Toys “R” Us filed a motion seeking bankruptcy court approval to begin the process of conducting an orderly wind-down of its U.S. business and liquidation of inventory in all 735 of the company’s U.S. stores.