Practice Areas - Corporate and M&A Law Firms and Lawyers
| Deal Date: | 17-12-2015 | Practice Area: | Corporate and M&A |
| Deal Title: | Cerberus Capital Management Investment in Avon Products | Industry: | Personal Goods |
| Description: |
On December 17, 2015, Avon Products, Inc., a leading global beauty company, and Cerberus Capital Management, a New York‑based private investment firm, announced that they have signed definitive agreements to deliver long‑term value to Avon shareholders. Cravath represented Avon in connection with these transactions.
The partnership, which has been approved by the Avon Board of Directors, includes a USD605 million equity investment by affiliates of Cerberus consisting of two components:
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| Financial Center: | New York | Value: | 500.01-1000.00 |
| Advised Party: | Target Company | Law Firm | Cravath |
| Target Company Jurisdiction | United States | Acquiror Jurisdiction | United States |
| Classification: |
Financial Buyer Acquisitions Minority Investment |
Lawyer | Jonathan L Davis |
