Swedish cosmetics giant Oriflame recently announced it has received an offer valuing it at $1.3 billion from the af Jochnick family that founded it back in the 1960s. By proposing a 35 percent premium over Tuesday’s closing price, the family is hoping to build on the roughly 30 percent stake it already has in Oriflame […]
The stock price for Avon Products Inc. spiked last Friday after the Wall Street Journal, Bloomberg and other news sources reported that rival Natura & Co. has confirmed that it has engaged in talks with Avon about a “potential transaction.” The confirmation, made in a regulatory filing, came hours after the Wall Street Journal reported […]