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Saturday, June 30, 2012
Coty plans to raise $700 million in IPO
Coty Inc., known for its celebrity fragrances and OPI nail polish, is set to put its best face forward on the stock market. The beauty products maker is planning to raise $700 million in an initial public offering, moving on after dropping a $10.7-billion takeover bid for its much larger rival, Avon Products Inc. 
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