L'Oreal to sell The Body Shop to Natura Cosmeticos

摘要

FRANCE/BRAZIL L'Oreal is on track to sell The Body Shop to Natura Cosmeticos, the Brazilian beauty conglomerate. Natura has submitted a firm offer of Clbn or $1.1bn to buy The Body Shop, Reuters reports. The figure is not far off the rumoured asking price, but substantially more than other suggested bids, which hovered around the €800m mark.