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Deal Date: 03-08-2015 Practice Area: Corporate and M&A
Deal Title: Avon Sale of Liz Earle to Walgreens Boots Alliance Industry: Personal Goods
Description:
On July 9, 2015, Avon Products, Inc. announced that it had divested Liz Earle, its wholly owned, UK-based natural skincare brand. Walgreens Boots Alliance acquired the Liz Earle business for GBP140 million in an all-cash transaction. Cravath represented Avon in connection with this transaction.
Financial Center: London Value: 100.01-500.00
Advised Party: Vendor Law Firm
Target Company Jurisdiction: United Kingdom Acquiror Jurisdiction: United Kingdom
Classification: Strategic Buyer Acquisitions Private Company
Lawyer David Mercado