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Brazil's Natura in exclusive talks with Aurelius for The Body Shop sale

SAO PAULO (Reuters) -Brazilian cosmetic maker Natura & Co on Monday said it has agreed to enter into exclusive talks with private investor Aurelius Group for a potential sale of its subsidiary The Body Shop (TBS), lifting its Sao Paulo-traded shares. The move comes after Natura announced in August that its board of directors had authorized it to search for "strategic alternatives" for TBS, including a potential sale of the business, six years after buying it from L'Oreal. Shares of the Brazilian firm rose more than 2% on the news, which also follows a deal earlier this year to sell its luxury brand Aesop to L'Oreal at an enterprise value of $2.53 billion as part of a broader organizational shakeup.

Brazil , Brazilian , Gabriel-araujo , Steven-grattan , Reuters , Aurelius-group , Body-shop , Tbs , Atura , Ody-shop , Urelius-group ,

Natura Gains on Exclusive Talks for Sale of The Body Shop

(Bloomberg) -- Natura & Co. climbed after the Brazilian beauty company confirmed it’s in exclusive talks with Aurelius Investment Advisory Limited for the sale of UK-based cosmetics chain The Body Shop.Most Read from BloombergIsrael Latest: Concern Mounts Over Gaza Civilians as War DeepensRussia Shuts Airport After Mob Encircles Flight From IsraelIsrael-Hamas War Escalation Puts Qatar’s Clout to the TestInnovent Drug Continues to Take Weight Off in 48 Week TrialHSBC Plans $3 Billion Buyback, CEO

United-kingdom , United-states , Brazil , America , Brazilian , British , Pedro-soares , Bloomberg-businessweek , Bloomberg-natura-co , Aurelius-investment-advisory , Bloomberg , Aurelius-investment-advisory-limited

Sprawling cannabis campus closed by Sacramento officials. Here's why and who is suing over it

More than 40 workers came to the council meeting to protest the closure by the city, some in tears.

California , United-states , Sacramento , Christopherj-kruger , Tim-swanson , Marshal-jason-lee , Leyne-milstein , Bob-latz , Darrell-steinberg , Los-angeles , Richardk-sueyoshi , Craig-powell

Lorelle Meets The Obsolete, Whitelands @ The Lexington, London, September 20, 2023

Mexican experimental outfit Lorelle Meets The Obsolete hit London last week as part of their sold out UK tour and Under the Radar were there to witness it.

London , City-of , United-kingdom , Mexico , Mexican , Emma-anderson , Lorena-quintanilla , Alberto-gonz , Holding-you , Meets-the-obsolete , Lorellemeets-the-obsolete , Sonic-cathedral

Brazil's antitrust watchdog approves L'Oreal deal to buy Aesop

Brazil's antitrust regulator Cade on Wednesday recommended the approval of the sale of Natura & Co's Aesop brand to French cosmetics company L'Oreal, according to the country's daily gazette.... | May 17, 2023

Australia , Australian , Emelia-sithole-matarise , Andre-romani , Ews , Nformation , Ress-release , Ntitrust , Egulator , Ade , N

In the AI and ChatGPT Era, Universities Should Give Oral Exams

As ChatGPT continues to grow in capabilities and usage—including in education and academia—is it high time for universities to revert to a time-tested form?

Greece , Australia , Paris , France-general- , France , Norway , Greeks , Gorodenkoff-shutterstock , Stephen-dobson , Ken-purnell , University-of-paris , Higher-education

Latham, Davis Polk advise on L'Oreal's $2.5bn acquisition of luxury beauty brand Aēsop

Law firms Latham & Watkins and Davis Polk advise on the transaction, L’Oréal's largest to date

New-york , United-states , France , New-zealand , Australia , Brazil , London , City-of , United-kingdom , Paris , France-general- , Luxe

L'Oreal buys luxury brand Aesop from Brazil's Natura for $2.5 billion

French cosmetics group L'Oreal struck a deal with Brazil's Natura & Co to buy Aesop, its Australian luxury brand, at an enterprise value of $2.53 billion, both firms said on Monday.... | April 3, 2023

United-states , China , Brazil , America , Chinese , Brazilian , Nicolas-hieronimus , Roberto-marques , Fabio-barbosa , Sonali-paul , Peter-frontini , Avon-international

L'ORÉAL: L'Oréal signs an agreement with Natura &Co to acquire Aesop

Clichy, 3 April 2023 - L'Oréal announced today that it has signed an agreement with Natura &Co to acquire Aesop, the Australian luxury beauty brand. The proposed transaction values Aesop at an enterprise

Australia , United-states , France , Clichy , France-general- , Luxe , Poitou-charentes , New-zealand , China , Australian , America , Nicolas-hieronimus

ChatGPT Passes Step 1 of Medical Licensing Exam, but Barely

Researchers say ChatGPT is the first AI to receive a passing score for the U.S. Medical Licensing Exam, but it's still bad at math.

Major-medical-exam , Just-barely , Miriam-doerr-martin-frommherz , Chatgpt , Edical-education-in-the-united-states , Rading-systems-by-country , Onathan-choi , Smle-step-1 , Iffany-kung , Est , Atura