By Bloomberg Published May 4, 2024 Banks including Barclays Plc and UniCredit SpA are lining up €500 million ($538 million) in debt financing to back L Catterton’s purchase of a majority stake in Italian beauty brand Kiko, according to people familiar with the matter. kikocosmetics.com/ru-ru/ Private equity fund L Catterton is backed by luxury giant … Read more
By Reuters Translated by Cassidy STEPHENS Published Apr 26, 2024 Private equity firm L Catterton has announced that it is acquiring a majority stake in family-owned Kiko Milano, in a deal that, according to a source close to the matter, values the accessible Italian make-up manufacturer at around €1.4 billion ($1.5 billion) including debt. Kiko … Read more
Community beauty firm Kiki announced on Tuesday its initial funding round investors, including A16z crypto and The Estée Lauder Companies’ New Incubation Ventures. Kiki Other round investors included consumer-tech funds Double Down, 2Punks Capital and Advancit, digital communities RedDao and OrangeDao, and the digital creator GMoney. Financial terms of the investment were not disclosed. The investment from … Read more
