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Natura Completes Purchase of Avon, Creating World’s 4th Largest Beauty Company

RIO DE JANEIRO, BRAZIL - The Natura Group announced on Friday, January 3rd, the completion of the purchase of Avon Products and that the company's board of directors approved the incorporation of the US cosmetics manufacturer, in a deal that created the world's fourth-largest beauty group and valued its 130-year-old US rival at approximately US$2 billion.

The company reported that Avon shareholders will own 27.3 . . .

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