SAO PAULO, Sept 18 (Reuters) - Brazilian cosmetic marker

Natura has entered into a binding agreement to sell

Avon International to an acquisition vehicle that is an

affiliate of Regent, the company said in a securities filing on

Thursday.

The deal does not include the Russian market, operations for

Latin America and the Avon brand, it added.

Natura will receive a nominal consideration of 1.00 GBP

($1.36) at the closing of the deal. Afterwards, the cosmetic

maker will get contingent payments based on the future results

and certain liquidity events limited to GBP 60 million.

($1 = 0.7343 pounds)