Natura &Co Eyes Sale of Avon Outside LA

With Avon emerging from bankruptcy, a new deal may be on the way.

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By: TOM BRANNA

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Natura &Co. is negotiating with IG4 Capital to sell Avon’s operations outside Latin America. In December, Natura said strategic alternatives included a sale, partnership or spinoff. “In this context, it has been holding negotiations with IG4 for a potential sale of Avon’s operations outside Latin America,” Natura &Co. wrote in a filing with the Brazilian stock market authority. “The negotiations have been maintained on an exclusive basis, but are still at an early stage and the ...

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