Coty

Beauty company Coty filed for an initial public offering (IPO) Friday with the aim of raising $700 million. According to Reuters, Chairman Peter Harf told a German newspaper in May that the company was preparing for an IPO and soon afterwards announced the selection of Bank of America Merrill...

It was revealed on Tuesday that Coty dropped its $10.7 billion takeover bid for Avon (NYSE: AVP) after months of dallying and indecision from the door-to-door cosmetics giant. It shouldn't be a surprise, as Coty had put a firm date on a deadline for Avon to come back with an answer. That deadline...

In a company update released earlier today, Bank of America Merrill Lynch said that they agree with the decision by Avon Products, Inc. (NYSE: AVP) to hire Sherilyn McCoy as the company's new CEO. In the report, BofA Merrill Lynch went on to say “Following Coty's [Avon's rival beauty products...

Wedbush Securities has published a research report on Avon Products (NYSE: AVP) and has downgraded the company from Outperform to Neutral based on the company's core fundamental strengths remaining in tact near term. In the report, Wedbush Securities writes, "Privately held Coty Inc., one of the...

It was revealed on Monday that Coty has made an unsolicited offer to buy Avon Products (NYSE: AVP), the door-to-door cosmetics seller that is something of a national treasure. According to Bloomberg, AVP may be tempted as it is currently the subject of a bribery probe, and the deal is valued at $...