CJ considering taking over The Body Shop
[DISCLOSURE] CJ (001040) acknowledged that it is reviewing acquisition of The Body Shop but said nothing specific has been decided, in a statement released on April 5 in response to Korea Exchange’s inquiry regarding media reports.
A local media said that CJ has joined the fray to take over UK-based cosmetics brand put on sale by France’s L’Oreal Group.
By Hwang You-mee (theinvestor@heraldcorp.com)