Natura Cosméticos willing to give $2 billion for Avon, talk in progressChristian Fernsby ▼ | May 22, 2019
Avon Products confirmed it is in advanced discussions with Natura regarding a potential all-stock transaction.
Acquisition Avon confirms acquisition talks with Brazilian beauty company
Avon does not intend to make any additional comments regarding these discussions unless and until it is appropriate to do so, or a formal agreement has been reached.
Natura Cosméticos has agreed to buy Avon Products in an all-stock deal that values the US-listed group at more than $2bn. ■