Brazil cosmetics company Natura to invest US$5m in new brands through venture capital funds

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

[SAO PAULO] Brazil cosmetics company Natura intends to invest up to US$5 million in new brands in beauty and wellness segments in Europe and the United States through venture capital funds, executives said on Friday. Read more at The Business Times.

[SAO PAULO] Brazil cosmetics company Natura intends to invest up to US$5 million in new brands in beauty and wellness segments in Europe and the United States through venture capital funds, executives said on Friday.

Natura shares were down 0.4 per cent in late afternoon trading, at 50.29 reais, after the company posted weaker than expected results amid a sluggish economic recovery in Brazil. He emphasised the firm expects to reduce its net debt/EBITDA ratio to 1.4 by 2021 compared to 2.95 at the end of March this year.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 15. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Accused operators of illicit 'darknet' market arrested in Germany, BrazilFRANKFURT: Three German nationals accused of running one of the world's largest dark web sites for selling drugs and other contraband have been ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Accused operators of illicit 'darknet' market arrested in Germany, Brazil[FRANKFURT] Three German nationals accused of running one of the world's largest dark web sites for selling drugs and other contraband have been arrested and charged in two countries following a two-year investigation, US prosecutors said on Friday. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Japan's Softbank to announce US$1 billion investment in delivery app Rappi on TuesdayJapan's Softbank is expected to announce on Tuesday a US$1 billion investment in Colombian delivery app Rappi, Brazilian financial blog Brazil ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »