Tag Archives: closer

Body Shop sale moves closer as L’Oreal talks to Natura

French cosmetics group L’Oreal has begun “exclusive” talks with Brazilian make-up company Natura Cosmeticos over the sale of its Body Shop business. L’Oreal said that Natura had made a “firm” offer valuing the company at 1bn euros (£880m). Earlier this year, L’Oreal said it was reviewing its strategy for the chain, which it bought for £652m in 2006.… Read More »

Putin wants his spies to work closer with US intelligence agencies

President Vladimir Putin says he wants to work towards “restoring dialogue” between Russian and US intelligence agencies. “It’s absolutely clear that in the area of counterterrorism all relevant governments and international groups should work together,” he said. “It’s in everyone’s interest to resume dialogue between the intelligence agencies of the United States and other members of NATO.” At… Read More »