fashion-scoops
fashion-scoops

Clayton, Dubilier & Rice Exits Sally Beauty Holdings

All told, the private equity firm made a cool $1.9 billion from its 2006 investment.

EXITING SALLY: All told, Clayton, Dubilier & Rice made a cool $1.9 billion from its 2006 investment in Sally Beauty Holdings Inc. The private equity firm completed a secondary offering of the beauty firm’s stock Monday, selling the last of its 86 million shares of the firm. Clayton, Dubilier sold its stock through four underwritten offerings and one share repurchase program by the beauty firm at an average price of $22.68. The stock slipped 0.8 percent to $25.69 Monday.

load comments

ADD A COMMENT

Sign in using your Facebook or Twitter account, or simply type your comment below as a guest by entering your email and name. Your email address will not be shared. Please note that WWD reserves the right to remove profane, distasteful or otherwise inappropriate language.
News from WWD
Newsletters

Sign upSign up for WWD and FN newsletters to receive daily headlines, breaking news alerts and weekly industry wrap-ups.

LatestPublications
getIsArchiveOnly= hasAccess=false hasArchiveAccess=false