EconomíaHoy.mx – 8:28 – 8/02/2017
L’oréal is looking for a buyer for The Body Shop. the Financial Times ensures that the French firm had been commissioned by the sale of the british brand to Lazard by about 1,000 million euros. Some investment funds have already shown their interest.
in early 2006, L’oréal bought The Body Shop for 652.3 million pounds sterling (about 758 million euros to the current change and a few 938.8 million euros at that time) in cash.
The journal anticipates that the company’s gala will be a strategic review of this part of your business. Is expected to make in the presentation of its annual results this Thursday.
all in all, the divestitures of the French not of concern to the market. Hermine de Bentzmann, analyst at Raymond James, believes that “your profile is diversified, should continue to be a competitive advantage.” The expert highlights their capacity for innovation and to adapt to the new market dynamics.
The Body Shop, which has more than 3,000 stores in 66 countries, was founded in 1976 by Anita Roddick, a social activist, and her husband Gordon in Brighton as an alternative to the traditional and cosmetic.
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