Cases 5 #AVP & 6 #NATU3
"São Paulo, October 4, 2019, - Following the announcement in May that #Natura & Co had reached an agreement to acquire Avon Products, Inc. (“Avon”), Natura & Co today announced that it has completed important steps towards closing the transaction."
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"São Paulo, October 4, 2019, - Following the announcement in May that #Natura & Co had reached an agreement to acquire Avon Products, Inc. (“Avon”), Natura & Co today announced that it has completed important steps towards closing the transaction."
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AVP / #Avon Products, Inc. 425 - #Merger Prospectus - FORM 425 - October 08, 2019
fintel.io/doc/sec/8868/0…
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fintel.io/doc/sec/8868/0…
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#Shares in both companies #AVP and #NATU3 ended over 9% higher on Wednesday as investors cheered the consolidation. Avon shares jumped 9.1% and Natura reversed early losses to end 9.4% up.
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The transaction, which is still subject to approval by Natura and Avon shareholders, as well as regulatory authorities in Brazil and other countries, is expected to be concluded by the beginning of 2020.
Analysis to follow.
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Analysis to follow.
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