Natura &Co to Close Acquisition of Avon, Creating the World's Fourth-Largest Pure-Play Beauty Group; Senior leadership team to be appointed to drive new chapter of growth
Natura &Co (NTCO3 - B3) announces that it expects to close today the acquisition of Avon Products, Inc. and appoint the new senior leadership team to drive the company's next phase of growth.
The landmark transaction creates the world's fourth-largest pure-play beauty company. This marks a major new step in building a purpose-driven group committed to a different way of doing business. Natura &Co, which trades on the B3 stock exchange in Sao Paulo, also expects to begin...