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Top related persons:
Aurelius - 2 Aurelius Investment - 1 Prerna Bedi - 1 Devika - 1 Leonhard Foeger - 1 Akanksha - 1 Alexander Smith - 1 Susan Fenton - 1
Top related locs:
Bengaluru musicMagpie Vienna Austria Brazilian
Top related orgs:
Thomson - 2 BT - 1 Aurelius Group - 1 REUTERS - 1 Natura - 1 L'Oreal - 1 Sky News - 1

Search resuls for: "Aurelius Group"


2 mentions found


☆ UK's musicMagpie will keep seeking buyers as BT ends talks
  + stars: | 2023-11-27 | by ( ) www.reuters.com   time to read: +1 min
Nov 27 (Reuters) - MusicMagpie (MMAG.L) said on Monday it will continue to seek buyers after telecoms group BT (BT.L) confirmed it will not make an offer for the British online retailer of used smartphones and electronic products. Shares in musicMagpie fell 19% to a nearly three-month low of 16.35 pence, giving it a market value of just over 17.5 million pounds ($21.81 million). The seller of second-hand DVDs and computer games last week said it was in early-stage talks with BT and Aurelius Group regarding a possible buyout offer. Neither BT or Aurelius provided a reason for dropping out of the takeover talks. As of Friday's close, musicMagpie stock had lost almost 90% of its value since its market debut in April 2021 as a cost-of-living squeeze hurt sales.
Persons: Aurelius Investment, Aurelius, Prerna Bedi, Devika Organizations: BT, Aurelius Group, Thomson Locations: musicMagpie, Bengaluru
☆ Aurelius in talks to buy The Body Shop, source says
  + stars: | 2023-10-29 | by ( Akanksha Khushi | ) www.reuters.com   time to read: +1 min
The logo of British cosmetics and skin care company The Body Shop is seen outside a store in Vienna, Austria, June 4, 2016. REUTERS/Leonhard Foeger/File Photo Acquire Licensing RightsOct 29 (Reuters) - Private equity investor Aurelius Group is in talks to buy beauty products chain The Body Shop, which has been put up for sale by its Brazilian owner Natura & Co (NTCO3.SA), a source familiar with the talks told Reuters. If completed, the deal is expected to value The Body Shop at a lower price than the 400 million pounds-500 million pounds ($485.20 million-$606.50 million) suggested in some media reports, the source, who did not wish to be identified, said. Natura bought The Body Shop from L'Oreal (OREP.PA) in 2017. Natura and Aurelius declined to comment while The Body Shop did not immediately respond to requests for comment.
Persons: Leonhard Foeger, Aurelius, Akanksha, Alexander Smith, Susan Fenton Organizations: REUTERS, Natura, Reuters, L'Oreal, Sky News, Thomson Locations: Vienna, Austria, Brazilian, Bengaluru
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