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5 年前
Avon to consider Coty's $10.7 billion takeover bid
2012年5月13日 / 晚上6点42分 / 5 年前

Avon to consider Coty's $10.7 billion takeover bid

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May 13 (Reuters) - Avon Products Inc on Sunday said it told Coty Inc that it would consider the smaller company's $10.7 billion takeover bid and expected to respond within a week.

In a letter to Avon's board dated May 9, Coty said it was raising its offer from an earlier $10 billion bid and gave Avon a deadline of the close of business on Monday, May 14, to enter into talks or it would withdraw its offer.

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