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Industry buzz

Natura takes part in discussions to acquire The Body Shop

Following information published by the Brazilian press, Natura confirmed being involved in the initial stages of an appraisal process regarding a possible transaction related to The Body Shop, which currently belongs to French cosmetics giant L’Oréal.

There is no guarantee that such a process will result in the completion of a transaction of any nature, and that at the moment there is no binding commitment involving a possible transaction related to The Body Shop,” added the company.

In addition to Natura, international investment funds such as CVC Capital or Advent International would also participate in the discussions.

© 2017 - Brazil Beauty News - www.brazilbeautynews.com

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