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Avon enters deferred prosecution deal in foreign bribery case
December 17, 2014 / 7:37 PM / 3 years ago

Avon enters deferred prosecution deal in foreign bribery case

NEW YORK, Dec 17 (Reuters) - Avon Products Inc entered into a deferred prosecution deal with the U.S. Justice Department on Wednesday over violations of a U.S. foreign bribery law, as its China subsidiary prepared to plead guilty to similar charges.

The deferred prosecution deal, which a federal judge approved, is expected to last three years, Assistant U.S. Attorney Sarah Paul said at the Manhattan hearing.

Reporting by Nate Raymond in New York; Editing by Chris Reese

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