Analysts On Avon Buyout Rumor: Easier Turnaround ‘Outside The Public Eye’?
This article was originally published in The Rose Sheet
Executive Summary
Morningstar analyst Eric Lash speculates that the “drastic actions necessary to right Avon’s ship” may be more easily implemented if private equity firm TPG Capital added the direct seller to its portfolio, which already includes Avon Japan. The investment community weighs in on an unconfirmed report that Avon is exploring a potential buyout.