The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 1330 GMT on Wednesday:** Richmont Holdings, a former shareholder of Avon Products Inc, is preparing a takeover offer for the beauty products company that rejected a $10 billion offer from a smaller rival earlier this month, the Fortune magazine reported.
Avon Products, Inc. (Avon) is a manufacturer and marketer of beauty and related products. Shares of AVP remained unchanged at $22.22. In the past year, the shares have traded as low as $16.09 and as high as $31.60. On average, 7201950 shares of AVP exchange hands on a given day and today's volume is recorded at 374502.
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