The case examines the strategic rationale for the acquisition of The Body Shop – from the perspective of the buyer (Natura) and the seller (L’Oréal) – with an emphasis on the study strategic fit, synergies, and integration challenges.
         
        
       
      
     
   
 
  
    
    
    
      
        
          The case examines the strategic rationale for the acquisition of The Body Shop – from the perspective of the buyer (Natura) and the seller (L’Oréal) – with an emphasis on the study strategic fit, synergies, and integration challenges.
         
       
     
    
   
 
    
   
 
     
  
      
           
 
             
                    
                    
            Theoretical and Empirical Asset Pricing, Incomplete Markets, Financial Market Frictions, International Finance, Financial Regulation