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Natura to sell Avon's Central America business; shares rise
Yahoo Finance·2025-09-15 20:34

SAO PAULO (Reuters) - Brazilian cosmetics maker Natura has agreed to sell Avon's businesses in a series of Central American countries to Grupo PDC, it said on Monday, as part of ongoing efforts to simplify its operations. The company said in a securities filing that the deal priced at $1 includes Avon's operations in Guatemala, Nicaragua, Panama, Honduras, El Salvador and the Dominican Republic, which are jointly known as Avon CARD. Natura has been carrying out divestitures as part of a broader organizat ...