Mike Jatania’s Auréa heading consortium in exclusive talks with administrators for UK chain
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The Body Shop is close to being bought out of administration after it agreed to exclusive rescue talks with a consortium led by the British cosmetics tycoon Mike Jatania.
Jatania’s investment company, Auréa, is in negotiations with the UK cosmetic chain’s administrators over a deal. The Body Shop fell into administration in February, leading to hundreds of job losses and more than 80 shop closures.
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