Exclusive: Natura values Body Shop at £500m as it approaches new potential bidders

Body Shop Oxford Street

The owner of health and beauty specialist The Body Shop is holding out for between £400m and £500m for the retailer, despite the first deadline for bids passing without any concrete interest from prospective buyers.

Retail Week understands Morgan Stanley, which is handling the sale of The Body Shop on behalf of Brazillian cosmetic giant Natura & Co, has reached out to Apollo Global Management, CVC Capital Partners and Blackstone to drum up interest in a bid for the beauty retailer.

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