The Billionaire Behind Coty's Scents

The Billionaire Behind Coty's Scents Play

June 13 (Bloomberg) -- The maker of perfumes endorsed by celebrities such as Beyonce Knowles and Heidi Klum plans to raise as much as $1.1 billion in an initial public offering. Coty is controlled by Joh. A. Benckiser, the investment arm of the billionaire Reimann family of Germany. Rob LaFranco has more. (Source: Bloomberg)

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