Baker McKenzie also advising as L'Oreal receives firm offer for the British cosmetics and skincare company
June 12, 2017 at 08:14 AM
1 minute read
Linklaters, David Polk & Wardwell and Baker McKenzie are advising as French cosmetics company L’Oreal plans to sell The Body Shop to Brazilian rival Natura Cosmeticos, which owns the Aesop brand.
On Friday (9 June), L’Oreal announced that it had entered into exclusive discussions with Natura and had received a firm offer that valued The Body Shop at €1bn (£877m).
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