Natura says Brazil anti-trust regulator OKs Avon acquisition

Industry:    2019-11-07

Brazil’s antitrust regulator CADE has approved the acquisition of Avon Products Inc by personal care maker Natura Cosmeticos SA, the Brazilian company said in a securities filing on Wednesday.

Natura said the merger had been approved without any restrictions. The company expects to conclude the acquisition of Avon in the first quarter of 2020.

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