| Coty is delaying its planned initial public offering until at least 2013, partly to give its new CEO time to adjust to her role, according to Bloomberg, citing sources. Note that Coty previously failed in a bid to acquire Avon Products (AVP) prior to its IPO filing and withdrew a $10.7B bid for Avon, citing the company's refusal to negotiate.Mario Monti, the Italian prime minister, believes the time... |