US/CHINA Door to door beauty giant Avon Products may be forced to stump up in excess ot US$132m to settle a US Securities and Exchange Commission (SEC) on Chinese bribery allegations. So far the ongoing SEC probe has cost the company around $300m in its own internal investigations. The latest figures are well in excess of what Avon originally offered to settle the SEC concerns, and it could still be some time before Avon reaches a deal with the SEC.
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