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Update: Market Chatter: Coty Shares Rise After Report of Possible Sale
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Update: Market Chatter: Coty Shares Rise After Report of Possible Sale
Jun 16, 2025 1:19 PM

03:58 PM EDT, 06/16/2025 (MT Newswires) -- (Updates to include Coty's ( COTY ) response in the third paragraph.)

Coty ( COTY ) shares gained more than 7% in recent trading after Women's Wear Daily, the fashion-industry trade journal, reported Monday that the company was exploring a possible sale.

The talks are in very early stages and could comprise a potential sell-off in two parts, one involving Coty's ( COTY ) luxury division and another its consumer division, WWD reported, citing sources familiar with the talks.

Coty ( COTY ) declined to comment to MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 5.03, Change: +0.30, Percent Change: +6.30

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