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July 3, 2017
By: TOM BRANNA
Editor
BRAZIL: L’Oréal has received an offer from Natura Cosméticos SA to acquire The Body Shop, and has entered into exclusive discussions with the Brazilian cosmetics company. The proposed transaction values The Body Shop at €1.0 billion. The deal was to be submitted to L’Oréal’s employee representative body and is subject to regulatory approval, notably in Brazil and in the US. Acquired by L’Oréal in 2006, The Body Shop was founded in 1976 by Anita Roddick in Brighton, England. It is now p...
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