Wella Company Files For US IPO
KKR-backed beauty firm Wella Company filed for a US initial public offering on Monday. The owner of OPI and Clairol reported rising revenue and net income for the fiscal year. The company plans to list on the NYSE under the ticker symbol WELA.
Insights:
Wella Company filed for a United States IPO on Monday, seeking to test public investor appetite for its portfolio of hair and nail care brands. The KKR-backed firm joins a growing pipeline of consumer brands testing public markets following a broader rebound in listings. Wella plans to list its shares on the NYSE under the symbol WELA.
