Private equity house Aurelius is in exclusive talks to acquire health and beauty retailer The Body Shop, which is being sold by owner Natura &Co.
A deal is likely to be concluded next month, according to Sky News, and it is thought that The Body Shop’s valuation will be less than £500m. The sale process has been overseen by Morgan Stanley.
Aurelius already owns Footasylum, which it bought from JD Sports, and LloydsPharmacy, which it has been selling off in parcels.
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