NUS
Nu Skin Enterprises Inc.NYSE
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  • Jan. 24, 2015, 2:30 PM
    • PE giant TPG Capital "seriously considered" buying Herbalife (NYSE:HLF) last year. It also took a look at Nu Skin (NYSE:NUS).
    • It is not clear why TPG’s interest in Herbalife and Nu Skin ended without any investment.
    • On Thursday, Avon (NYSE:AVP) jumped 15% on reports TPG was interested in acquiring it, only to drop 7.9% on Friday after Wells Fargo told clients in a note it was skeptical of the prospect.
    • If TPG does not buy Avon, it “might take a new look” at Herbalife, with its stock falling in half over the last 12 months, a source says.
    • Source: NY Post
    | Jan. 24, 2015, 2:30 PM | 54 Comments