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Brazilian cosmetics giant Natura &Co has entered exclusive discussions with asset manager IG4 over a potential deal involving Avon’s operations outside Latin America. While this marks a significant step, Natura emphasized that the negotiations are still in the early stages and that no final decision has been made.
In a regulatory filing, the company clarified that it remains open to exploring other strategic alternatives. This means that while talks with IG4 are ongoing, Natura is still considering various options for the future of Avon’s international business.
Back in December, Natura confirmed that it had restarted evaluations on its next move for Avon outside Latin America. The company has been weighing different possibilities, including a potential sale, strategic partnerships, or even a spinoff. The latest update suggests that Natura is taking a careful and measured approach to determining the best path forward.
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(Source: US News | Reuters | Market Screener)
