Wednesday, December 16, 2015

Cerberus Nears Deal to Buy 80% of Avon's North American Business

Cerberus Capital Management LP is nearing a deal to buy 80% of AvonProducts Inc.’s North American business and take a nearly 17% stake in the famed cosmetics company, according to people familiar with the matter.

from WSJ.com: US Business http://ift.tt/1P9KfRL
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