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Breakingviews - Aesop deal spreads scent of stressed M&A

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Breakingviews - Aesop deal spreads scent of stressed M&A

The scent of stress is wafting from the Brazilian backer of Aesop. Natura agreed to sell the luxury lotion maker to French cosmetics giant L'Oreal for about $2.5 billion. It offloaded the successful investment to shore up its balance sheet, an M&A motivation that probably will spread.

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Breakingviews - Aesop deal spreads scent of stressed M&A

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Breakingviews - Aesop deal spreads scent of stressed M&A

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