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Beauty industry supplier Knowlton targets over $3 bln valuation in U.S. IPO

reuters · Sep 14, 2021 06:27

KDC --

Sept 14 (Reuters) - Knowlton Development Corp, a manufacturer and custom formulator of products for the beauty industry, said on Tuesday it was looking to raise up to $857.14 million through a U.S. initial public offering at a valuation of more than $3 billion.

(Reporting by Sohini Podder in Bengaluru; Editing by Shinjini Ganguli)

((Sohini.Podder@thomsonreuters.com;))

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more

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