L’Oreal to Sell The Body Shop to Natura in $1.1B Deal

Sao Paolo, Brazil-based direct seller Natura Cosmeticos SA is currently in exclusive talks with L’Oreal SA to buy The Body Shop, the French cosmetics giant’s lotions and soaps retailer that was founded by British entrepreneur Anita Roddick in 1976. The deal is reported to be for US$1.1 billion (€1 billion euros).


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