Nature & Co will leave to contribute in the stock exchange of New York. As it has advanced the agency of skilled news in beauty and fashion, Nature & Co will put end to his cotizazción secondary of American Depositary Shares in the New York Stock Exchange.
This measure has been approved by the board of directors of the company and as they indicate this action findsinside the strategic aims on a long-term basis of the Brazilian group with the end of 'simplify operations'.
The Brazilian company will follow keeping his cotización main of ordinary shares in the stock exchange B3 of Sao Paulo, decision that justify alleging that it is the region where concentratesthe big majority of his commercial activity.
It expectsthat the exclusion of the New York Stock Exchange between in force ten days after the present company a Form 25 in front of the Commission of Stock exchange and Values of EE. UU. Nature & Co expects to suspend the cotización the day 9 February 2024.
In a comunicacio of press, the general director of Nature & Co "the planned exit of Nature & Co of the New York Stock Exchange is coherent with our strategy on a long-term basis for the business.
This new movement of the Brazilian group arrives just after announcing changes in the cúpula managerial of 'The Body Shop', company also of Nature & Co, coinciding with the sale to the group Aurelius by 238 million euros. Ian Bickley, who exerted of CEO interim, left the direction of the company does grieve two weeks.