Shareholders of Brazil cosmetic group Natura approve restructuring proposal
ReutersApr 25, 2025 9:56 PM
SAO PAULO, April 25 (Reuters) - Shareholders in Brazilian cosmetic group Natura&Co NTCO3.SA approved on Friday a restructuring proposal that would swap out the entity that is listed on the local stock exchange, according to a securities filing.
Under the approved plan, first unveiled last month, the currently listed holding company Natura&Co will be integrated into its Natura Cosmeticos subsidiary, which would then become the group's parent firm with shares listed on Brazil's stock exchange.
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