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The Body Shop UK and Germany businesses receive 70 bids from potential buyers.
May 30, 2024
By: Lianna Albrizio
Associate Editor
The Body Shop’s UK and German businesses — which recently fell into administration in February of 2024 — have piqued the interest of Next and Marks & Spencer. In April, FRP announced it was mulling a company voluntary arrangement (CVA) to rescue The Body Shop. However, the sale of the business and its assets did not proceed because the CVA could not be agreed upon. According to the FRP Advisory, The Body Shop has received roughly 70 bids from potential buyers. The FRP Ad...
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