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...The deal gives the company an enterprise value of £207mn, Natura said in a statement, a fraction of the €1bn that Natura paid to acquire the business from L’Oréal in 2017....
...Luxury Australian marque Aesop was sold to L’Oréal for $2.5bn in April and last month Natura agreed to sell The Body Shop to private equity firm Aurelius for a fraction of the price it paid in 2017, after...
...Della Valle is confident, however, that Connecticut-based L Catterton will boost Tod’s desirability and allow it to focus on investments in marketing and R&D, he told the Financial Times....
...Munich-based private equity group Aurelius is stumping up an enterprise value of just £207mn for The Body Shop. That is about a fifth of what Natura paid to L’Oréal in 2017....
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...The recent passage of a constitutional amendment to simplify the country’s complex tax system was broadly welcomed as a step in the right direction, with S&P upgrading Brazil’s sovereign rating one notch...
...They will be held by Jesse Lynn, the general counsel of Icahn Enterprises, and Steven Miller, who is a portfolio manager at Icahn Capital....
...Brazil’s Natura & Co, owner of The Body Shop and Avon brands, said it had entered into a binding agreement with L’Oréal to sell Aesop in a transaction with an enterprise value of $2.5bn....
...t=Y9t0T-RnJMxWG5hi8C5-OA&s=19 Further reading:— Putting a price on Tesla post Musk (FTAV)— The Tesla financial complex (FT)...
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...When L’Oreal needed online descriptions across thousands of its different beauty products for retailers around the world, WPP was able to use AI to create a unique page for each....
...Gold bars, Bentleys, Hermès handbags, wads of cash, luxury apartments, a daring escape attempt and a police investigation that has captured global attention . . . the S$1.8bn money-laundering case gripping...
...He self-describes as a “big R” Republican and a “little L” libertarian. He’s non-interventionist, but this is not as counterintuitive as it sounds....
...Natura acquired The Body Shop, a British ethical retailer famous for its stance against animal testing, from L’Oréal in 2017 at an enterprise value of €1bn....
...He tells me the UK government’s R&D budget is approaching £20bn a year, and that private-sector R&D now exceeds public money roughly threefold....
...L-I-B-O-R. Harriet Clarfelt As the acronym kind of suggests, it started off in the UK. So it started the 1980s with the British Bankers’ Association....
...Hogan LovellsO: 7; L: 8; I: 8; Total: 23The firm has built its own enterprise data repository, replacing a system hosted by an outside vendor, that captures and structures all Hogan Lovells’s data, globally...
...Democracies are very fragile and the pressure is to get back not to a constitutional monarchy [but] to monarchy, period.” Andrew Hill is the FT’s senior business writer...
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...On an ebitda margin of 30 per cent, the purchase price implies an enterprise value to ebitda multiple of 10 times, a near-20 per cent premium to the sector, on S&P Global data....
...All profits from the sale go towards the programme. michaelkors.com; wfp.org L is for LemlemModel Liya Kebede has made social change central to her fashion brand Lemlem, which she founded in 2007 to preserve...
...A commodity-export-reliant state with a reclusive hereditary monarchy suffers a short-lived but dramatic leadership crisis, which culminates in cutting ties with its biggest trading partner....
...It was while developing videos for U2’s Vertigo tour between 2005 and 2006 that Nehru created software that enabled the Irish rock band to visualise the content on a three-dimensional stage before the physical...
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