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Exclusive-KKR prepares OPI owner Wella Company for US IPO, sources say
| USA | economy

Exclusive-KKR prepares OPI owner Wella Company for US IPO, sources say

#KKR #Wella Company #IPO #Beauty Industry #Private Equity #Investment #Market Growth #Procter & Gamble

📌 Key Takeaways

  • KKR is preparing Wella Company for a US IPO in the latter half of 2024.
  • Wella Company is known for brands like Wella Professionals and Nioxin.
  • KKR acquired Wella Company from Procter & Gamble in 2015 for $3 billion.
  • The IPO could value Wella Company at several billion dollars.
  • The beauty and personal care sector has shown strong growth and resilience.

📖 Full Retelling

Private equity firm KKR is actively preparing Wella Company, a leading haircare and beauty products manufacturer, for an initial public offering (IPO) in the United States, according to sources familiar with the matter. The move comes as KKR seeks to capitalize on the strong performance of the beauty and personal care sector, which has seen significant growth in recent years. Wella Company, known for its popular brands such as Wella Professionals and Nioxin, has been under KKR's ownership since 2015 when the firm acquired it from Procter & Gamble for approximately $3 billion. The IPO is expected to take place in the latter half of 2024, subject to market conditions. This strategic decision aligns with KKR's broader investment strategy to unlock value from its portfolio companies through public market listings. The IPO could value Wella Company at several billion dollars, providing KKR with a substantial return on its investment. Industry analysts suggest that the beauty and personal care market's resilience and growth potential make it an attractive sector for investors, further supporting the timing of the IPO.

🐦 Character Reactions (Tweets)

Hair Today, Gone Tomorrow

KKR's about to drop Wella on the stock market. Guess they're ready to split the ends of their investment. #IPO #Wella

Beauty & The Bull

Wella's IPO: Because nothing says 'investment opportunity' like a shampoo brand that's been through more owners than a Kardashian's hairstyle. #MarketWatch #KKR

The Shampoo Shark

KKR's cashing out on Wella. Guess they're ready to comb through the profits. #IPO #Wella #KKR

The Beauty Banker

Wella's IPO: Because even private equity firms know you can't condition your portfolio without a little market exposure. #Investing #Wella

💬 Character Dialogue

Леді Дімітреску: Oh, how delightful! Another mortal enterprise seeking to bathe in the golden light of public adoration. How quaint.
Незуко Камадо: Ммм-мм! (Nezuko tilts her head, eyes wide with curiosity as she observes the news.)
Ерік Картман: Oh my God, you guys! Like, Wella is going public? That's, like, so totally bogus! I mean, who even cares about hair products, right?
Леді Дімітреску: Silence, you insufferable little grub! The art of grooming is a sacred ritual, not to be trifled with by the likes of you.
Незуко Камадо: Ммм-мм! (Nezuko stomps her foot in agreement, nodding vigorously.)

🏷️ Themes

Investment, Beauty Industry, Private Equity, IPO

📚 Related People & Topics

Private equity

Stock in an unlisted private company

Private equity (PE) is stock in a private company that does not offer stock to the general public. Instead, it is offered to specialized investment funds and limited partnerships that take an active role in managing and structuring the companies. In colloquial usage, "private equity" can refer to th...

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KKR

Topics referred to by the same term

KKR may refer to:

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Initial public offering

Type of securities offering in which a private company becomes a public company

An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more s...

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🔗 Entity Intersection Graph

Connections for Private equity:

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