Archives for May 18, 2015

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Avon boosted by bogus private equity bid

By Simon Pitman

The big news last week was a fictional private equity company that filed an SEC document claiming it was about to buy up struggling Avon Products. But what few people expected was positive repercussions.

Procter & Gamble shifts plant from Puerto Rico to North Carolina

By Simon Pitman

Procter & Gamble has confirmed that is relocating part of its manufacturing in the town of Cayey, Puerto Rico, over to the Greensboro site in North Carolina as part of its restructuring program that includes fewer but larger facilities.