SAO PAULO, Sept 15 (Reuters) - Brazil's cosmetic marker
Natura has entered into a binding agreement to sell
Avon CARD, the company said in a securities filing on Monday,
adding it continues to explore strategic alternatives for Avon
International business.
Avon CARD will be sold for a nominal value of $1, with an
additional payment to be made upon closing, consisting of a $22
million receivable from Avon Guatemala to Natura's wholly owned
subsidiary in Mexico, the company said.