Morgan Stanley Manages Auction Process Amid Losses

  • Aurelius Group, owner of Lloyds Pharmacy, joins bidders for The Body Shop
  • Waterstones owner Elliot Advisors and private equity firm Epiris also in the running
  • Natura and Co put The Body Shop up for sale last month after struggling with profitability
  • Morgan Stanley managing the sale process, aiming to reach a deal by end of month

The owner of Lloyds Pharmacy, Aurelius Group, has joined the list of bidders looking to acquire cosmetics chain The Body Shop. They are now competing with Waterstones owner Elliot Advisors and private equity firm Epiris for the purchase. It is uncertain if Alteri Investors remains in the race. Natura and Co, which acquired The Body Shop from L’Oréal in 2017, put it up for sale last month due to profitability issues. Morgan Stanley is overseeing the auction process, aiming to finalize a deal by the end of this month.

Factuality Level: 8
Factuality Justification: The article provides relevant information about the latest developments in The Body Shop’s sale process and mentions the involvement of different bidders. It also gives a brief background on Natura and Co’s ownership and The Body Shop’s financial situation. However, it lacks some details such as the value of the deal or the exact number of bidders involved.
Noise Level: 3
Noise Justification: The article provides relevant information about the latest developments in The Body Shop’s sale process and mentions the involvement of Aurelius Group as a potential buyer. However, it lacks analysis or insights beyond simply reporting on the news.
Financial Relevance: Yes
Financial Markets Impacted: The Body Shop, Natura and Co, Aurelius Group, Elliot Advisors, Epiris, Morgan Stanley
Financial Rating Justification: This article discusses the sale of The Body Shop cosmetics chain and its impact on the involved companies, which are all financial entities in the retail and investment sectors.
Presence Of Extreme Event: No
Nature Of Extreme Event: Other
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: There is no extreme event mentioned in the text.

Reported publicly: www.retailsector.co.uk