PARIS — Coty Inc. is exploring a dual listing, in Paris and Recent York, it said Friday.
The wonder-maker, which is eying the Paris Stock Exchange, is already listed on the Recent York Stock Exchange.
Coty also said Friday it has prolonged its long-term partnership with Sue Nabi, Coty chief executive officer since Sept. 1, 2020. Her renewed compensation agreement is founded on an equity program that runs through 2030.
Coty’s board of directors has authorized the corporate’s management to explore a list in Paris. Should it turn out to be dually listed, it could “further [strengthen] Coty’s presence in Europe and [provide] an extra vehicle to succeed in untapped investors out there,” the corporate said in an announcement. “The structure aligns with...
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