Avon issued a press release on Wednesday announcing its intention to merge with the Brazilian corporation, Natura Cosmetics S.A. Avon shares have rallied more than 25% since news of a potential merger leaked early Wednesday morning, while Natura has also seen a sizable increase in its share price.
Avon issued a press release on Wednesday announcing its intention to merge with the Brazilian corporation, Natura Cosmetics S.A. Avon shares have rallied more than 25% since news of a potential merger leaked early Wednesday morning, while Natura has also seen a sizable increase in its share price.
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