The share price in fragrance and luxury cosmetic player Coty hit a record high in trading on the US Stock Exchange last Friday, as rumors over the expected acquisition of P&G brands continues to mount.
Avon has been the focus of much debate in recent months. Substantiated or not, sale rumors have led to spikes in the share prices, but things look ominously quiet now, as the company’s share price continues to dip.
In the wake of the announcement that MeadWestvaco (MWV) is set to merge with RockTenn, several lawsuits have been filed in the past few days questioning the value such a deal would bring to shareholders.
It’s barely been a week since Revlon made headlines agreeing to pay out a $850,000 fine to settle claims that it misled shareholders, now its chairman Ron Perelman has been thrust into the spotlight for allegedly bankrolling his daughter’s legal battle...
Revlon has agreed to pay a $850,000 penalty to settle U.S. Securities and Exchange Commission charges that it violated federal securities laws by misleading shareholders during a ‘going private transaction.’
Could it be third time lucky? Rumours are flying around that consumer goods giants Procter & Gamble and Beiersdorf could be ready to strike a deal, having flirted before; despite the rumours being denied, we take a look at why the deal could make...
The global luxury group has filed a countersuit after it says it learned via a French media dispatch that Hermès had filed a lawsuit on the circumstances through which it had acquired shares in the company back in 2010.
Reports that the Pershing Square Capital management company has bought a significant stake in P&G have given a boost to the company’s share price, and also comes at a time when the consumer goods giant is under pressure to improve its performance.
Alberto Culver Company today announced that it has entered into a definitive agreement in which Unilever will acquire all of the outstanding shares of the beauty care firm for $37.50 per share in cash, valuing the company at approximately $3.7 billion.
The maker of what is claimed to be the first ever anti-ageing cream
to deliver collagen to the skin, Transdermal Cosmetics, is set to
make a big launch on the US market following the company's share
flotation, press reports say.
Sensient Technologies, provider of flavors and colors to the
food industry, has reported a 11.1 per cent rise in net income, and
publicly rebukes an industry analyst over erroneous comments he
made relating to the results.
CCA Industries, a New Jersey-based producer and marketer of niche
personal care products, has announced a drop in profits as
executives confirm that they have agreed in principle to the
acquisition of the company.