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Breakingviews TV: Lost scent

Tuesday, February 12, 2019 - 03:30

JAB’s bid to raise its stake in Coty to 60 pct has more than a whiff of opportunism, says John Foley. The investment firm masterminded a 2016 acquisition that weakened the perfume maker; eschewing a full takeover could allow it to use the company’s stock for more deals.

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JAB’s bid to raise its stake in Coty to 60 pct has more than a whiff of opportunism, says John Foley. The investment firm masterminded a 2016 acquisition that weakened the perfume maker; eschewing a full takeover could allow it to use the company’s stock for more deals.

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Breakingviews TV: Lost scent

Tuesday, February 12, 2019 - 03:30