By Josh Beckerman


KKR-backed hair and nail care company Wella filed for an initial public offering.

Wella plans to apply for a New York Stock Exchange listing under symbol WELA.

Wella joined Coty via the 2016 purchase of Procter & Gamble's beauty business.

Under a deal announced in May 2020, KKR bought a majority of Wella. Last December, Coty said it sold its remaining 25.8% stake in Wella to KKR, completing a program to simplify Coty's portfolio and operations.


Write to Josh Beckerman at josh.beckerman@wsj.com


(END) Dow Jones Newswires

08-31-26 1701ET