Avon Products buyout talk picks up

Analysts sizing up Avon Products (AVP) think the company might be open to a sale with recent turnaround efforts sputtering.

The board has been pushing actively pushing for a golden parachute in the form of accelerated vesting in what could be a sign that the stance on a takeover has changed.

Tupperware Brands (TUP) and Coty (COTY) are potential suitors, while a private equity acquisition could allow the company to save money by relocating its tax domicile.

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Comments (3)
  • Herbalifestudy
    , contributor
    Comments (302) | Send Message
    If coty was ready to pay 24.75, then they might be interested in paying 15 now..
    2 Jun 2014, 10:08 AM Reply Like
  • Michael Bryant
    , contributor
    Comments (7339) | Send Message
    (COTY)'s market cap = $6.3B
    (AVP)'s market cap = $6.28B
    (TUP)'s market cap = $4.22B


    Can (TUP) buy (AVP)? Well, the smaller Tata Steel bought Britain's Corus Steel, but that usually doesn't happen.
    2 Jun 2014, 08:59 PM Reply Like
  • SSnape
    , contributor
    Comments (620) | Send Message
    COTY has long been rumored to be a suitor for AVP and they have established a JV to improve COTY sales in S.A. If AVP is truly unable to accomplish a turn-around independently, I would support a merger of the two.


    Long:AVP and COTY.
    2 Jun 2014, 10:03 PM Reply Like
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