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Brazil’s Natura Sells The Body Shop to Aurelius in $254 Million Deal

The Brazilian cosmetics maker said the agreement includes a potential earn-out of £90 million, adding that both the sale price and the earn-out would be paid within five years of the transaction closing.
Brazil’s Natura mulls sale of The Body Shop.
Natura &Co said it has signed a binding agreement to sell subsidiary The Body Shop to private investor Aurelius Group. (Shutterstock)

Brazilian cosmetics maker Natura &Co said on Tuesday it has signed a binding agreement to sell subsidiary The Body Shop to private investor Aurelius Group in a deal with an enterprise value of £207 million ($254.32 million).

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