| Coty makes fresh effort to launch IPO | Coty, the fragrance company that failed to buy Avon for $10.7bn last year, is making a renewed effort to launch an initial public offering in what would be the largest float by a US consumer retail business since Michael Kors listed in 2011.
Coty would attempt to raise $700m as early as next month as it taps investor appetite for new US listings at a time when the S&P 500 has pushed into record territory, people close to the situation said. Coty declined to comment.
http://link.ft.com/r/3JFELL/XBM5TA/S3MIHV/PFQ0Y6/A515N7/1G/h?a1=2013&a2=5&a3=7
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