"The Body Shop has been saved from administration in a rescue deal led by cosmetics tycoon Mike Jatania, securing 113 stores and safeguarding more than 1,000 jobs."
"The deal, facilitated by administrators at FRP, involves the sale of The Body Shop to a consortium headed by Jatania's investment company, Aurea."
"Aurea expressed a commitment to rebuilding The Body Shop and restoring its position as a leader in the ethical beauty sector—a market it pioneered under the guidance of founder Anita Roddick."
"Despite being listed as The Body Shop's top creditor, Aurelius was not the ultimate buyer...An auction attracted several bidders, including Mr Jatania's Aurea."
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