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COTYCar of the Year
COTYContractor of the Year
COTYCoach of the Year
COTYCommunicator of the Year (various locations)
COTYChurch Outreach to Youth (North Adams, MA)
COTYComment of the Year
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Coty also plans to expand and further diversify its geographic footprint in emerging markets and other venues.
The transaction will be conducted as a Reverse Morris Trust, meaning that P&G will spin off or split off the business, which will then merge with a Coty subsidiary, the companies said.
Coty is also looking to improve its gross and operating margin so that it can free up cash flow and reduce its debt leverage.
Investment firm JAB reported on Tuesday the extension of the offering period of its tender offer for up to 150 million additional shares of Coty Inc (NYSE:COTY) Class A common stock at a price of USD11.65 per share in cash to expire at 17:00, New York City time, on 18 April 2019, unless further extended or earlier terminated.
Francois Coty started his fragrance business more than 100 years ago, making perfume accessible to the general public for the first time and creating the mass fragrance category.
Camillo Pane, Coty's CEO, said, "Ralph has been an amazing R&D leader in the beauty industry and retires after a truly distinguished career.
Camillo Pane, Coty's chief executive officer, said," We are plea sed to complete this transaction and partner with Younique to build a leading global e-commerce beauty company.
Younique will operate as a separate business within Coty's Consumer Beauty division.
Coty also announced that it had adopted a new butterfly-shape logo.
The 2016 COTY runners-up were: Princess Kate KM5035, Foggy Night KM4580, and Brazen Orange KM5406.
Contractors from seven regions around the country compete for CotY Awards each year.