Avon, After Breakup, Explores Deal To Put Company Back Together: WSJ - News Summed Up

Avon, After Breakup, Explores Deal To Put Company Back Together: WSJ


Published on Mar 24 2019 3:00 PM in A-Brands tagged: cosmetics / Avon / NaturaCosmetics maker Avon Products Inc, which split itself three years ago, has been considering a deal that would put the company back together, the Wall Street Journal has reported. The talks are preliminary and may not result in a deal, the report added. Open Up"We never comment on this kind of speculation," an Avon spokeswoman told Reuters via email. New York-based Avon had sold a majority stake in its underperforming North American business to private equity firm Cerberus Capital in 2015, while retaining a roughly 20% interest. Click subscribe to sign up to ESM: European Supermarket Magazine.


Source: Wall Street Journal March 24, 2019 15:00 UTC



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