Betaville IntelligenceTuesday, 4 April 2023, 9:20 am
French cosmetics giant L'Oreal has won the auction for Aesop, the upmarket soap brand being sold off by Brazilian group Natura & Co.
L'Oreal is reportedly paying $2.5 billion for Aesop. Below is a link to announcement from L'Oreal:
https://www.loreal.com/en/press-release/group/l-oreal-signs-an-agreement-with-natura-and-co-to-acquire-aesop/..
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Betaville IntelligenceWednesday, 30 November 2022, 11:13 am
Arch rivals at Bloomberg have finally picked up on the Natura & Co Aesop spin off story.
Loyal readers might recall little old Betaville published in an UNCOOKED Alert last week about the takeover interest in Aesop and followed up in the Mail on Sunday this weekend...
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