L'Oreal enters 'exclusive' talks to sell The Body Shop

L'Oreal has entered into "exclusive" talks to sell The Body Shop to Brazilian cosmetics manufacturer Natura Cosmeticos in a deal which could be worth €1bn.

L'Oreal enters 'exclusive' talks to sell The Body Shop
Fri, 09 Jun, 2017 - 12:45

L'Oreal has entered into "exclusive" talks to sell The Body Shop to Brazilian cosmetics manufacturer Natura Cosmeticos in a deal which could be worth €1bn.

The French cosmetics giant said today that it had received a "firm" offer from Natura to acquire its Body Shop business and that the proposed transaction valued the iconic British beauty firm at an enterprise value of €1bn.

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CourtsHeathrowPlace: Saudi ArabiaPlace: Hong KongPlace: EuropePlace: UKPlace: Latin AmericaPlace: ChilePerson: Anita RoddickPerson: Jean-Paul AgonPerson: Jeremy SchwartzPerson: JustinePerson: SamanthaOrganisation: L'OrealOrganisation: The Body ShopOrganisation: Natura CosmeticosOrganisation: NaturaOrganisation: Body ShopOrganisation: The Body GroupOrganisation: CVCOrganisation: ChinaOrganisation: The Roddicks
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