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Luxury perfume company Coty scents $1bn in New York listing

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COTY, the New York-based perfume maker, is set to raise $1bn (£664m) in a US flotation. The firm, which was founded in Paris in 1904, makes fragrances for stars including Katy Perry and Beyonce. The June listing will value the company at $6.7bn, and comes a year after talks over…

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