Utilize the input text as a context reference, choose the right relationship between Wella and Coty from the options. Options: product/material produced, manufacturer, distributed by, industry, position held, original broadcaster, owned by, founded by, distribution format, headquarters location, stock exchange, currency, parent organization, chief executive officer, director/manager, owner of, operator, member of, employer, chairperson, platform, subsidiary, legal form, publisher, developer, brand, business division, location of formation, creator.

The costs borne by Coty on behalf of Wella following the closing will for about the invoice for transitional service agreements, and we have therefore prepared the set of numbers called ongoing Coty, which better reflect what Coty ex-Wella is expected to be post closing.
owned_by