Coty - how to burn $522m in 19 months

[anonymous-user]

Simple really

In Feb 17 just buy a 60% in Younique from it's founders for $600m all cash

Then, in Sep 19, sell it back to the same people you bought it from for $50m cash and a promissory note of $27.9m





That's gotta sting a bit!

[smifffymoto]

Another stty pyramid scheme ?

[trickywoo]

I thought this was a car of the year thread where you bought the cars and lost your money on depreciation / repairs.

I disappoint.