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Natura Cosmeticos SA (NATU3.SA)

NATU3.SA on Sao Paulo Stock Exchange

34.94BRL
22 Feb 2018
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Latest Key Developments (Source: Significant Developments)

L'Oreal, Natura sign formal contract for previously announced Body Shop sale
Tuesday, 27 Jun 2017 02:34am EDT 

June 27 (Reuters) - L'oreal /Natura /Body Shop::* L'Oréal announces that the contract for the sale of The Body Shop to Natura was signed after receiving the advice of L'Oréal's Works Council, regarding this deal which was previously announced on 9 June.* On June 9, L'Oreal said it had started exclusive talks to sell The Body Shop business to Brazilian make-up company Natura Cosmeticos in a possible 1 billion euros ($1.1 billion) deal. nL8N1J61KV.* Founded in 1976 by British entrepreneur Anita Roddick, The Body Shop was a pioneer in its field but had since fallen victim to increased competition from newcomers offering similar products based on natural ingredients with no animal testing..  Full Article

Brazil's Natura to issue $1.15 bln in international debt

Jan 18 The board of Brazilian cosmetics company Natura Cosmeticos SA has approved the issuance of $1.15 billion in bonds on the international market to repay debt incurred from its 2017 purchase of The Body Shop Inc.