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Coty's decision to file for an IPO effectively doesn't completely close the door on an...

Coty's decision to file for an IPO effectively doesn't completely close the door on an acquisition of Avon Products (AVP +4.4%), but a peek at its financials (S-1) suggests that it will most likely play small-ball with acquisitions. Shares of AVP still sit 30% below where they were before Coty passed on buying Avon for $10.7B.
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