Company
NYSE:AVP
Avon Products is responsible for more than 1bn customer transactions each year, making it the world's largest direct seller of cosmetics and one of the largest global beauty companies. Avon's product range includes cosmetics, fragrances and toiletries, jewellery, watches and clothing and accessories, home products, gifts, decorative items and candles, an aromatherapy line, exercise equipment and stress relief and weight management products. The company boasts operations in 58 countries and covers 143 markets worldwide.
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Avon said it had not received an offer and could not confirm the existence of the alleged buyer, who was said to have filed an official offer of US$18.75/share with the Securities and Exchange Commission (SEC).
