Natura & Co To sell The Body Shop To Aurelius For Enterprise Value Of GBP 207M
Portfolio Pulse from Benzinga Newsdesk
Natura & Co has agreed to sell The Body Shop to investment group Aurelius for an enterprise value of GBP 207 million. The deal is part of Natura & Co's strategy to focus on its core businesses and reduce debt.
November 14, 2023 | 12:15 pm
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Natura & Co's sale of The Body Shop to Aurelius for GBP 207M could help streamline its operations and reduce its debt, potentially improving financial stability.
The sale of The Body Shop is a significant strategic move for Natura & Co, as it allows the company to concentrate on its core businesses and improve its financial position by reducing debt. This could be viewed positively by investors, as it suggests a focus on financial health and operational efficiency. The impact on the stock price is likely to be positive in the short term, reflecting the potential benefits of the divestiture.
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