Following several mentions in the media that major international cosmetics groups — such as L’Oréal, LVMH or Shiseido — would be interested in acquiring Australian brand Aesop, the Brazilian cosmetics giant said that it “remains evaluating the feasibility of selling its stake in Aesop as one of the strategic alternatives” that would enable the group to finance Aesop’s accelerated growth, as well as to provide more value to the its shareholders.
"Market speculation"
Regarding the supposed interest from potential buyers or the submission of purchase offers as well as the brand assessment, Natura & Co describes them as “market speculation about the ongoing process”.
According to Bloomberg, the offers considered by LVMH, L’Oréal or Sisheido to acquire a stake in Aesop would value the company at 2 billion dollars or more, for 100% of the capital.
Natura &Co, which also owns the Natura Brasil, Avon and The Body Shop brands, had confirmed in October that they were considering a possible IPO or spin-off from Aesop.