Private equity interested in the Body Shop: Financial Times

The Body Shop has attracted interest from a handful of private equity firms, according to the Financial Times. CVC, Carlyle, Advent and Bain Capital are among the buyout groups expected to place offers, the story said. L’Oréal, which owns the Body Shop, is hoping to receive as much as 1 billion euros ($1 billion) for the British skincare retailer, the FT said. Lazard is advising on the process; bids are expected Friday, the story said.