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Several parties interested, said report.
October 27, 2010
By: TOM BRANNA
Editor
Nail-polish company OPI Products Inc. is in advanced talks with “several parties” to sell itself for at least $900 million, according to the Wall Street Journal. Coty Inc. is said to be a leading bidder for the company, which brought in an estimated $200 million in sales last year and made Happi’s Top 50 list (nitesh_happi.rodpub.com/articles/2010/07/38-opi). A few private-equity firms, including Bain Capital LLC, are also interested in OPI, said the report. A competitor brand, Essie, w...
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