"So far, the analysts I've spoken with have given a low probability to this deal happening," explains Richard Collings, The Deal Pipeline's consumer and retail reporter, regarding Coty Inc.'s second rejected bid for Avon Products Inc. Collings asserts that this is due to the uncertainty into whether the beauty products heavyweight will be able to raise the cash to attract Avon, differing business models and other obstacles. - Sarah Hashim-Waris Share:
Ken deRegt will retire as head of fixed income at Morgan Stanley and be replaced by Michael Heaney and Robert Rooney. For other updates launch today's Movers & shakers slideshow.