Skadden Arps Slate Meagher & Flom and Wachtell Lipton Rosen & Katz have taken the lead roles on beauty products company Coty’s unsolicited $10bn (£7.5bn) bid for Avon Products, reports The Am Law Daily.

Skadden is advising Coty – the company behind branded perfurmes from celebrities including Beyonce, Jennifer Lopez and Kate Moss – on its bid, with a team led by New York M&A partners Paul Schnell and Neil Stronski.