A PYMNTS Company

Brazil: CADE clears Natura’s The Body Shop purchase

 |  July 27, 2017

Brazil’s Natura has just won CADE approval for its purchase of British company The Body Shop.

In June, The Body Shop’s owner, L’Oreal, announced it was in negotiations with Natura concerning the sale of the chain and on June 26 the two companies signed a deal.

The deal was struck for US$1.17 billion and is still waiting for US approval.

Full Content: El Economista

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.