Breakingviews TV: Coty’s M&A JAB

The perfumier is replacing both its chairman and CEO. That comes, Antony Currie and John Foley explain, after Coty made a mess of buying $12.5 bln of P&G assets despite its board, executives and top shareholder JAB being packed with consumer-goods know-how.

from Reuters Video: Breakingviews https://ift.tt/2K04OSs