Natura instructs Davis Polk on €1bn bid for The Body Shop

Davis Polk advised Brazil´s Natura Cosméticos on its proposed acquisition of The Body Shop.

The Body Shop is a British cosmetics brand, focusing on innovative, nature-inspired products. The company was acquired by L’Oréal in 2006 and is present in more than 60 countries.

Natura is a Brazilian multinational cosmetics manufacturer founded in 1969. Natura had net revenue of R$7.9 billion (€2.17 billion) in 2016.

The Davis Polk corporate team included lawyers in the Paris, London and São Paulo offices. Partners Jacques Naquet-Radiguet, Will Pearce, Jonathan Cooklin and Manuel Garciadiaz worked on this deal.

L’Oréal instructed Linklaters for the sale, with lawyers in London, Paris and Hong Kong working on the deal. Partners Vincent Ponsonnaille, Laurent Victor-Michel, Alexander Naidenov and Anne Wachsmann fronted the team.

The sale is subject to the consultation of L’Oréal works council and regulatory approval notably in Brazil and in the United States.

Natura instructs Davis Polk on €1bn bid for The Body Shop

Ignacio Abella

thelatinamericanlawyer.com

The Latin American Lawyer is a bimonthly digital magazine, published by Iberian Legal Group, available in Spanish and Brazilian Portuguese. It represents the main source of information in the legal business sector in America Latina. The digital magazine – and its portal – address to the protagonists of law firms and in-house lawyers. The magazine is available for free on the website and on Google Play and App Store.

In every issue of the magazine, you will find rankings of lawyers, special report on trends, interviews, information about deals and their advisors.

For further information, please visit the Group’s website www.lcpublishinggroup.com

Iberian Legal Group
Registered office: C/ Manuel Silvela, 8 - Oficinas 1 Dcha 28010 Madrid España

Copyright 2022 © All rights Reserved. Design by Origami Creative Studio

SHARE

Share on linkedin
Share on twitter
Share on facebook
Share on whatsapp
Share on email
Share on telegram