Breakingviews TV: Lost scent

JAB’s bid to raise its stake in Coty to 60 pct has more than a whiff of opportunism, says John Foley. The investment firm masterminded a 2016 acquisition that weakened the perfume maker; eschewing a full takeover could allow it to use the company’s stock for more deals.

from Reuters Video: Breakingviews https://reut.rs/2WYuJjL