November 15, 2023 BY Elizabeth Anderson

Natura enters into agreement with Aurelius Group to sell the Body Shop

Reportedly, this is yet another attempt to keep the battling beauty retailer afloat. In April, Natura sold Aesop, another one of its subsidiaries, to L’Oreal (OR.PA) for just over $2.5bn. In its press release, the company stated: With the transaction, Natura &Co will strengthen and deleverage its balance sheet, freeing up resources to focus on…

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