
Fragrance company Coty Inc withdrew its $10.7 billion takeover bid for Avon Products Inc on Monday evening, saying the world's largest cosmetics direct seller had missed a deadline to start discussing a deal that Coty...
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Fragrance company Coty Inc withdrew its $10.7 billion takeover bid for Avon Products Inc on Monday evening, saying the world's largest cosmetics direct seller had missed a deadline to start discussing a deal that Coty...
Avon Products Inc on Sunday said it told Coty Inc that it would consider the smaller company's $10.7 billion (6.6 billion pounds) takeover bid and it expected to respond within a week.
Beauty products company Coty Inc has raised its bid for Avon Products Inc but said it would withdraw its offer if Avon did not enter into discussions by May 14, according to a letter Avon made public on Thursday.
Avon Products Inc's board members, including former chief executive Andrea Jung, were all elected to a one-year term on Thursday, giving them a show of support as the cosmetics company fends off an unwanted $10 billio...
Avon Products Inc on Tuesday reported a disappointing quarterly profit as the company dealt with higher costs and declining sales, potentially giving new ammunition to smaller rival Coty's bid to take over the world's...
Coty Inc on Monday urged Avon Products Inc shareholders to ask their company to give Coty a look at inside information, which would give the private cosmetics company a chance to then offer its best price.
Investment firm Richmont Holdings, a former shareholder of Avon Products Inc, is preparing a takeover offer for the beauty products company, Fortune magazine reported.
Avon Products Inc's incoming chief executive Sherilyn McCoy would get sweetened benefits in the event she leaves the cosmetics company following a takeover, according to her employment contract.
Avon Products Inc on Monday said it named Johnson & Johnson executive Sherilyn McCoy as its new CEO, ending a four-month outside search for a fresh face to lead the company and turn around sales at home and abroad.
Johnson & Johnson, responding to complaints about a potentially carcinogenic chemical in its baby shampoos, said it plans within two years to eliminate formaldehyde-releasing preservatives from hundreds of its baby pr...