Wells Fargo Downgrades Avon Products (AVP) to Market Perform; Takeout of Entire Company Unlikely, Says Analyst

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TPG tells CNBC is has no comment on the report of talks with Avon Products (AVP)

January 22, 2015 1:18 PM EST

TPG tells CNBC is has no comment on the report of talks with Avon Products (NYSE: AVP)

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January 22, 2015 1:01 PM EST

(Updated - January 22, 2015 1:05 PM EST)

Avon Products (NYSE: AVP) shares surged Thursday after DealReport said it has been in talks with private equity firm TPG on a possible deal.

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