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Body language. (Body Shop founders may sell it as share price increases, Daimler-Benz to divest rail sector, Dow-Corning loses implant case, RJR Reynolds to divest food operations, Novell to sell Wordperfect)(Brief Article)

Economist (US), The, November, 1995

Strained relations between the founders of Body Shop and its shareholders may soon end. A decade after floating the British company, known as much for its humanitarian and environmental sympathies as for cosmetics, Anita and Gordon Roddick are reported to be in talks with banks about buying back the 75% of the company they do not own. Body Shop's share price shot up 16% to value the company at around Pounds 300m ($475m), but there were denials all round.

In the largest public share offering to come up this year, the Italian government is selling off a chunk of ENI, a gas and oil giant ...

 

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