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Deal values iconic company at €1.0 billion.
June 9, 2017
By: Christine Esposito
Editor-in-Chief
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 an enterprise value of €1.0 billion. The deal will be submitted to L’Oréal’s employee representative body and is subject to regulatory approval notably in Brazil and in the United States. Acquired by L’Oréal in 2006, The Body Shop is a British iconic brand, focusing on innovative, ...
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