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News
| Shareholders of Brazil Natura to sell common stock |
SAO PAULO, July 3 (Reuters) - Shareholders of Brazilian cosmetics maker Natura (NATU3.SA) plan to offer an undisclosed amount of common stock in a secondary offering, the company said late on Thursday 2 July.
The company declined to disclose the names of the shareholders involved in the transaction, according to a filing with the securities regulator, known as CVM. Controlling shareholders of the Itapecerica da Serra, Brazil-based company include Antonio Seabra, Guilherme Leal and Pedro Passos, who currently hold a combined 73.4 percent stake.
The company declined to give a timetable for the transaction in the filing. Neither the size and price range for the deal were disclosed.
Natura said it hired Itau BBA, JPMorgan Chase & Co., Deutsche Bank and UBS to co-manage the transaction.
(Reporting by Guillermo Parra-Bernal, editing by W Simon) |
© Thomson Reuters 2010 All rights reserved. |
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archives Natura
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16-07-2009 |
Brazil Natura share offering may total $811 million
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Brazilian cosmetics maker Natura said its shareholders may raise as much as 1.57 billion reais ($811 million) from the sale of shares in a secondary offering.
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29-05-2009 |
Brazil's Natura shareholders mull stock offering
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Controlling shareholders of Natura are considering selling stock in an offering in the local bourse, the Brazilian cosmetics maker said in a regulatory filing on Friday 29 May.
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24-03-2007 |
Natura sees double-digit industry growth
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Natura, Brazil's premier cosmetics and toiletries company, said it expects double-digit annual growth in industry sales for the next decade and beyond due to the local emerging consumer market.
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