Aurelius Group in talks to buy The Body Shop, says report
by Reuters from World news | The Guardian on (#6FYTC)
Banking sources say a deal for the beauty products chain is expected to be signed next month
The private equity investor Aurelius Group is in talks to buy the beauty products chain The Body Shop, which has been put up for sale by its Brazilian owner Natura & Co, a source familiar with the talks has told Reuters.
If completed, the deal is expected to value The Body Shop at a lower price than the 400m-500m suggested in some media reports, the source said.
Continue reading...