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Natura to Close Acquisition of Avon

Creates the world's fourth-largest pure-play beauty group.

Natura &Co expects to close the acquisition of Avon Products Inc. today and appoint the new senior leadership team to drive the company's next phase of growth. The acquisition was approved by Avon’s shareholders at a special meeting in November.   According to Natura &Co, this marks a major new step in building a purpose-driven group committed to a different way of doing business. Natura &Co, which trades on the B3 stock exchange in Sao Paulo, also expects to begin trading th...

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