Archives for September 29, 2003

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Avon breaks new ground in Russia

Door-to-door cosmetics giant Avon digs deeper into Russian beauty market with a hefty $40 million (€35m) investment in production facilities, helping to hit the company's $500 million Russian sales target for 2007.

Alcan, Pechiney merger gets all clear

The European Commission has given clearance under merger regulations to the proposed acquisition of French aluminium producer Pechiney by Alcan of Canada.