|Bid||3.6100 x 43500|
|Ask||3.6700 x 43500|
|Day's Range||3.5200 - 3.7200|
|52 Week Range||1.3000 - 3.9800|
|Beta (3Y Monthly)||1.90|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jul 31, 2019 - Aug 5, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||2.99|
Avon is nearing a sale to Brazilian cosmetic maker Natura Cosmetico SA. Yahoo Finance's Jen Rogers, Myles Udland, Andy Serwer and Brian Sozzi break it down.
NEW YORK, NY / ACCESSWIRE / May 24, 2019 / Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm headquartered at the Empire State Building in New York ...
Brazilian cosmetics firm Natura expects to boost revenue by investing in brand and digital capabilities after sealing a deal to merge with Avon Products and control 76% of the new company, executives said on Thursday. "As it comes to digital transformation, our approach is similar to the one Avon has been following, and we also share the same optimism about the brand," Natura Chief Executive João Paulo Ferreira, said in a call with analysts. Chairman Roberto Marques said it will be necessary to spend around $125 million over the next 36 months to capture cost savings of $150 million to $250 million per year, mainly in Brazil and the rest of Latin America.
NEW YORK, May 23, 2019 -- Bragar Eagel & Squire, P.C. is investigating potential claims against the board of directors of Avon Products, Inc. (NYSE: AVP) on behalf of Avon.
WILMINGTON, Del., May 23, 2019 -- Rigrodsky & Long, P.A.: Do you own shares of Avon Products, Inc. (NYSE: AVP)? Did you purchase any of your shares prior to May 22,.
NEW YORK, May 23, 2019 -- Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Avon Products, Inc. (“Avon” or the “Company”) (NYSE: AVP) to.
NEW YORK , May 23, 2019 /PRNewswire/ -- Rowley Law PLLC is investigating potential claims against Avon Products, Inc. (NYSE: AVP) and its board of directors for breach of fiduciary duty concerning the ...
Controlling shareholders of Natura, which bought the Body Shop retail chain in 2017, will form a new publicly traded holding company that will offer 0.3 share for every share of London-based Avon, according to a statement. Holders of preferred Avon shares will get $530 million in cash assuming the deal closes in early 2020. Natura shareholders will own about 76% of the merged company, with Avon’s shareholders owning the remainder once the deal is closed.
The Brazilian cosmetics maker Natura announced Wednesday that it is buying Avon Products in an all-stock deal that it valued at $3.7 billion, in move that would create the world’s fourth-largest group of beauty products.
Brazil's Natura SA said on Wednesday it had reached an agreement to buy rival Avon Products Inc via a share swap, creating the world's fourth-largest beauty company with a redoubled focus on direct sales. Under the terms of the deal, Natura will hold 76% of the combined business with over $10 billion in annual revenue, according to a statement from the Brazilian cosmetics firm. After Natura pushed into high-end retail shops with the acquisitions of Aesop in 2013 and The Body Shop in 2017, the takeover of its biggest rival in direct sales is a renewed bet on the company's core business of door-to-door distribution.
SÃO PAULO and LONDON, May 22, 2019 /PRNewswire/ -- Natura &Co (NATU3.SA) announces that it is acquiring Avon Products, Inc. (AVP) in an all-share transaction, creating the fourth-largest pure-play beauty group in the world and a major force for good in the industry. The group will hold leading positions in relationship selling through Avon´s and Natura's over 6.3 million Consultants and Representatives, a global footprint through 3,200 stores, as well as an expanded digital presence across all companies. Avon and Natura were both founded by mission-driven individuals, reaching customers through a force of independent, primarily female micro-entrepreneurs, who act as brand ambassadors and beauty advisors.
RIO DE JANEIRO (AP) — The Brazilian cosmetics maker Natura announced Wednesday that it is buying Avon Products in an all-stock deal that it valued at $3.7 billion, in move that would create the world's fourth-largest group of beauty products.
Check out the companies making headlines after the bell:Shares of L Brands LB surged nearly 13% in extended trading on Wednesday after the parent company of retailers Victoria's Secret and Bath & Body Works reported first-quarter results that surpassed expectations.
Shares of Avon Products Inc. rose more than 15% in the extended session Wednesday after Brazilian cosmetics and skin care company Natura & Co. said it planned to buy the iconic U.S. counterpart in an all-stock deal that would create the fourth largest pure-play beauty group in the world. Natura takes a page from Avon's roots in peer-to-peer sales and an army of consultants, and the combined company is expected to have annual gross revenue of more than $10 billion, employ more than 40,000 associates, and be present in 100 countries. "By adding Avon to a portfolio that already includes Natura, The Body Shop and Aesop, Natura & Co will enhance its ability to better serve its different consumer profiles and distribution channels and expand into new geographies," Natura said in a statement. The deal values Avon around $3.7 billion, and the combined group would have an enterprise value of about $11 billion. Natura plan to list American depositary shares on the New York Stock Exchange after the deal is completed, which is expected in early 2020.
Brazil's Natura SA said on Wednesday it has reached an agreement to buy U.S. rival Avon Products Inc in an all-stock deal, creating the world's fourth-largest cosmetics company. Under the terms of the ...
confirmed Wednesday that it was in "advanced discussions" with Brazilian beauty company Natura Cosmeticos about Avon being acquired in an all-stock transaction. The Wall Street Journal reported earlier that Avon was nearing a sale to Natura Cosmeticos and that the deal could be announced Wednesday. Avon has been struggling in recent years.