By  on May 24, 2019

Natura Cosméticos SA’s acquisition of Avon Products Inc. puts it on a path to become one of the world’s largest beauty companies.

The companies said Thursday the combined businesses would have generated about $9.3 billion in net sales for 2018, which would make it the fourth-largest pure-play beauty company in the world, behind L’Oréal SA, the Estée Lauder Cos. Inc. and Shiseido Co.

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