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Avon Faces Possible Buyout As Profits Slide [Headlines]

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With the beauty brand failing to meet expectations, talks of a buyout loom and perfume maker Coty bids close to $11b for control of the company.

Allie Walker
  • 14 may 2012

Coty, the mass-market perfume maker known for creating celebrity scents, has bid close to $11 billion to take-over rival beauty company Avon. Guardian

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