Financial

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  • Coty Going Public?
    avon_coty buying bid
    Reuters reported yesterday fragrance giant Coty, after pulling its $10.7 billion Avon proposal, is preparing an initial public offering per its chairman. ...More
    May 18, 2012
    Posted in News
  • Coty Withdraws Avon Acquisition Offer
    Avon shares fell 10 percent in trading Tuesday after Coty withdrew its offer to purchase the direct-sales personal care firm. ...More
    May 15, 2012
    Posted in News
  • Coty Ups Avon Bid with Help from Warren Buffet
    And the bidding continues … Fragrance company Coty stepped up its offer for direct sales giant Avon with the support of billionaire Warren Buffett in the already once-rejected takeover bid. ...More
    May 10, 2012
    Posted in News
  • AGI-Shorewood Purchases Equity Interests, Shorewood de Mexico
    AGI-Shorewood, a global specialty packaging manufacturer, purchased the equity interests of the minority stakeholder in its Mexican subsidiary, Shorewood de Mexico. ...More
    April 10, 2012
    Posted in News
  • The Silent Giant—Coty
    Coty was started in 1904 in Paris. Its founder, Francois Coty wanted to "reinvent the perfumer's fragrance palette." I think it's safe to say Coty reinvented the fragrance wheel, as it is one of the largest fragrance sellers in the world with numerous ...More
    April 3, 2012
    Posted in News
  • Avon Says No to Coty's Buying Bid
    avon_coty buying bid
    The fragrance company Coty, famous for brands such as Celine Dion, Jennifer Lopez and Adidas, offered to buy the direct sales beauty giant, Avon, for $10 billion, but Avon said no. ...More
    April 2, 2012
    Posted in News
  • Symrise Sales Up 2 Percent
    Symrise AG hit its target goal—EBITDA margin of 20 percent—in Fiscal Year 2011 with its Scent & Care division reporting sales of €801.4 million, with plans to increase to put the new menthol plant in Holzminden into operation over the course of the year. ...More
    March 16, 2012
    Posted in News
  • Rexam Selling Personal Care Unit
    Beverage packaging giant, Rexam, began the sale of its personal care division after its 2011 company results disappointed. ...More
    February 23, 2012
    Posted in News
  • Unilever 2011 Profits Unchanged Through Tough Market
    The difficult market and increasing commodity prices left Unilever’s 2011 profits “essentially unchanged," according to RTE News. Its 2011 net profits slid in at €4.25 billion, compared with €4.24 billion in 2010. ...More
    February 3, 2012
    Posted in News
  • Organic Sales Growing at P&G
    The Procter & Gamble Company (P&G) delivered 4-percent sales growth to $22.1 billion for the October – December quarter. ...More
    January 30, 2012
    Posted in News
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