Company News, Financial News

Natura & Co. Considers IPO for Aesop, Its Beauty & Wellness Brand

The move comes less than a month after Natura executives denied rumors that The Body Shop is for sale.

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By: TOM BRANNA

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Natura & Co., No. 8 on Happi's International Top 30 list, said Monday that it has initiated the study of a possible initial public offering of Aesop, its luxury beauty and wellness brand and business unit, in the US or a spin-off of Aesop. That could then be followed by an IPO. The move comes less than a month after Natura executives denied rumors that The Body Shop, another subsidiary, is for sale. “The IPO has been assessed over the last months as an alternative to fund the accele...

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