Coty Inc. has tapped Bank of America Merrill Lynch and J.P. Morgan Chaseas lead underwriters for an initial public offering, which is expected to be priced this summer or early fall, people familiar with the matter said. The selection follows the withdrawal of Coty’s $10.7 billion takeover bid for Avon. The bid was pulled earlier this week. Coty has 12,000 employees and three corporate headquarter offices in New York, Paris and Geneva. Its is a unit of privately held Joh. A. Benckiser ...