Avon Products Inc. : Franchise Herald

Avon Products Inc.

Avon Products Inc.

Avon Close to Selling its North American Business to Cerberus, Barington Warns Avon of the Deal

Avon Products Inc. is in advanced talks to sell its North American business to Cerberus Capital Management LP, a private equity firm, people familiar with the matter told The Wall Street Journal. Barington Capital Group LP, a private equity investor who led a group that collectively owns a three percent stake in Avon, warns the cosmetics maker against the transaction with Cerberus.

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