Natura mulls Aesop alternatives

Natura mulls Aesop alternatives

Corporate & Sovereign Strategy Equity M&A Brazil Australia Capital Markets

Brazilian cosmetics company Natura said Wednesday that it could sell a minority stake in Aesop, the Australian luxury brand that it acquired 10 years ago. "The minority stake selling process is in initial stage of confidential consultations," Natura said in a securities filing, adding that it had not ruled out a possible spin-off or initial public offering (IPO) for Aesop. Natura said last month that it was studying a spin-off or an IPO among alternatives to fund Aesop's "accelerated growth." Na

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