(Corrige no segundo parágrafo que Avon fora da América Latina será presidida por Angela Cretu, não Roberto Marques)BANGALORE, Índia (Reuters) - O presidente-executivo da Avon Products AVP.N, Jan Zijderveld, deixou a… Leia mais
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Empresa combinada terá Roberto Marques como presidente-executivo do conselho de administração. Loja da Natura no shopping Morumbi, em São Paulo Taís Laporta/G1 A Natura & Co anunciou que espera concluir nesta sexta-feira (3) a compra da Avon Products, em um negócio que criou o quarto maior grupo de beleza do mundo e avaliou a rival norte-americana de 130 anos em cerca de US$ 2 bilhões. Em comunicado, a Natura confirmou que a empresa combinada terá Roberto Marques como presidente-executivo do conselho de administração. O executivo comandou em 2017 a compra da rede internacional de lojas The Body Shop pela Natura e vai chefiar os esforços de integração com a Avon. As ações da Natura eram uma das poucas que subiam nesta sexta-feira, em meio a uma baixa generalizada do mercado por conta de preocupações com a situação no Oriente Médio após ataque norte-americano que matou importante autoridade no Irã. Os papéis da companhia brasileira subiam 0,55% por volta de 11h, enquanto o Ibovespa mostrava baixa de 0,8%.
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Avon Products Inc. announced Friday that Jan Zijderveld, the company's chief executive, will step down, effective Jan. 3. Zijderveld has served as CEO for…
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Avon Products Inc Chief Executive Officer Jan Zijderveld will step down on Friday, the company said, as it closes its sale to Brazilian personal care cosmetics group Natura & Co Holding SA. | January 3, 2020
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Avon's (AVP) efforts to drive productivity, improve brand relevance and digital capabilities bode well.
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Brazilian cosmetics firm Natura expects to boost revenue by investing in brand and digital capabilities after sealing a deal to merge with Avon Products and control 76% of the new company, executives said on Thursday.
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NEW YORK , May 23, 2019 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for AVP, GNCA, LB, NETS, and OBLN. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link. AVP: Full story available on Benzinga.com
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Shares of Avon Products Inc. rose more than 15% in the extended session Wednesday after Brazilian cosmetics and skin care company Natura & Co. said it planned to buy the iconic U.S. counterpart in an all-stock deal that would create the fourth largest pure-play beauty group in the world. Natura takes a page from Avon's roots in peer-to-peer sales and an army of consultants, and the combined company is expected to have annual gross revenue of more than $10 billion, employ more than 40,000 associates, and be present in 100 countries. "By adding Avon to a portfolio that already includes Natura, The Body Shop and Aesop, Natura & Co will enhance its ability to better serve its different consumer profiles and distribution channels and expand into new geographies," Natura said in a statement. The deal values Avon around $3.7 billion, and the combined group would have an enterprise value of about $11 billion. Natura plan to list American depositary shares on the New York Stock Exchange after the deal is completed, which is expected in early 2020.
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Brazil's Natura SA said on Wednesday it has reached an agreement to buy U.S. rival Avon Products Inc in an all-stock deal, creating the world's fourth-largest cosmetics company.
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A mix of good news helped these stocks avoid the market's malaise.
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Avon Products Inc jumped nearly 12 percent on Wednesday as Brazilian cosmetic maker Natura Cosmeticos SA moved closer to acquiring the U.S. company via an all-stock deal that would unite two of Brazil's most popular makeup brands and move Natura closer to its goal of a global market.
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Brazilian makeup brand Natura Cosmeticos SA and Avon Products Inc said on Wednesday they are in advanced talks over a potential all-stock transaction that will see Natura take a majority stake in the U.S. group.
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