News Formal

PCC approves The Body Shop acquisition of Avon

  • 📰 sunstaronline
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 59%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Avon acquired by Natura, parent firm of The Body Shop. Anti-trust watchdog Philippine Competition Commission approves acquisition. | More at

ANTI-TRUST watchdog Philippine Competition Commission has approved the acquisition by Natura Cosméticos S.A. of Avon Products Inc. , marking the merger of two of the world’s popular beauty and personal care brands with presence and following in the Philippines.

In a ruling issued on September 12, the commission said the takeover by Natura of Avon does not result in substantial lessening of competition in the beauty and personal care products market mainly because Natura and Avon do not compete in the same market. The PCC also noted the parties have different modalities for distribution of their products and manifested to the commission they will retain their current distribution business models after the buyout.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 18. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

BOI investment pledges up 126% as of AugustInvestment pledges approved by the Board of Investments (BOI) rose 126 percent as of August this year buoyed by two huge telecommunications projects.
출처: manilabulletin - 🏆 25. / 51 더 많은 것을 읽으십시오 »