Natura &Co raises R$5.61 billion in equity sale

Natura &Co raises R$5.61 billion in equity sale

GlobalCosmeticsNews·2020-10-13 13:00

THE WHAT? Natura &Co has sold some 121.4 million voting shares, priced at R$46.25 each, according to a report published by Bloomberg, quoting a filing.

THE DETAILS The amount was slightly lower than the R$6,207.2 million the manufacturer of The Body Shop and Aesop had expected to raise. Nevertheless, shares in the Brazilian B Corp rose 1.7 percent on Friday, Bloomberg reported.  

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