- Tupperware Brands Corp TUP has agreed to sell its Nutrimetics beauty business, which operates in Australia, New Zealand, and France.
- Terms of the transaction, including the anticipated closing date, have not been disclosed.
- The deal is a part of Tupperware's turnaround plan strategy of divesting non-core assets.
- The sale follows the company's sale of its Avroy Shlain beauty business in Q1 2021 and House of Fuller beauty business in Q2 2022.
- Price Action: TUP shares are trading higher by 0.99% at $6.37 on the last check Tuesday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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