Brazilian Natura Announces US $2 Billion Deal to Acquire Avon

  Brazilian cosmetics company Natura Cosméticos SA has reached an agreement to buy its rival, UK based Avon Products Inc., via share swap in a value of US $2 billion, thus becoming the fourth-largest beauty products company in the world, behind L’Oréal SA, the Estée Lauder Cos. Inc., and Shiseido Co. With the all-stock offer of US $2 billion, the Natura shareholders will hold 76% of the comb…
Read full article: Brazilian Natura Announces US $2 Billion Deal to Acquire Avon from Fragrantica Perfumes and Colognes Magazine.