The Arkansas-based company said it will sell 65 percent of its Seiyu grocery chain to American investment firm KKR while Japanese e-commerce giant Rakuten will acquire a 20 percent stake.
That was one quick makeover. After getting dinged last week for its ties to Kylie Jenner, beauty products seller Coty announced a $1 billion investment and a management shakeup — sending the stock up 20 percent, to $4.36, in early-afternoon trading. Coty on Monday said buyout firm KKR will be acquiring a 60 percent stake …