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U.S. house panel considers bill curbing dual-class stock

A U.S. House of Representatives panel plans to discuss a draft bill requiring companies that go public with dual-class stock to sunset the structure after seven years, according to a copy of the proposed legislation published late Thursday.

Enterprise software firm Informatica files for U.S. IPO

Enterprise software developer Informatica Inc on Friday filed for an initial public offering in the United States, paving the way for a return to the public markets more than six years after being taken private. (Reporting by Niket Nishant in Bengaluru; Editing by Vinay Dwivedi)

Coty to sell 9% stake in Wella to majority owner KKR

Coty Inc said on Friday it would swap around 9% of its stake in professional beauty business Wella with KKR & Co Inc for some of the cosmetic maker's shares the U.S. buyout firm owns, valuing the deal at $426.5 million.

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