Body Shop auction draws bids from PE, Natura Cosmeticos SA

Natura Cosmeticos SA, as well as private equity firms including CVC Capital Partners, Advent International Corp and Investindustrial Advisors SpA, were among the bidders making it to the next round of the Body Shop auction, according to Bloomberg. Bids for the lotions and soaps retailer came in at more than 800 million euros ($856 million), the story said. L’Oreal SA acquired Body Shop more than a decade ago in a deal that valued it at 652 million pounds ($833 million), Bloomberg said.