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Coty plans to soon file for an IPO in which it could raise $1B at a market cap of over $7B, the...

  • Friday, June 29, 2012, 5:04 AM ET
    Coty plans to soon file for an IPO in which it could raise $1B at a market cap of over $7B, the WSJ reports. The offering would come after the perfume maker abandoned its attempt to acquire larger competitor Avon Products for $10.7B, and would give a jolt to the somewhat stagnant IPO market.
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