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THE WHAT? Following Amyris’ chapter, Naomi Watts is claimed to have acquired her model, Stripes, at public sale for US$500,000. The acquisition was accomplished by way of Watts’ funding automobile, Sakana, which lists the actor as Managing Member.
THE DETAILS Additional manufacturers from the Amyris portfolio have additionally been snapped up at public sale. Rosie Huntington-Whitely’s Rose has been purchased by AA Investments for US$2.5 million whereas Jonathan Van Ness’ JVN Hair has been bought to Windsong International for US$1,25 million.
THE WHY? Amyris filed for Chapter 11 chapter in August putting an enormous query mark over the way forward for its sizable magnificence portfolio. The public sale within the newest in a sequence of transactions that has seen Biossance bought to THG and several other founders purchase again their manufacturers.
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