Completely rewrite the following article in a fresh and original style. Ensure the new content conveys the same sentiment and message as the original. The rewritten article should:
- Start with a compelling introduction that hooks the reader (do not label this section).
- Maintain any lists and points as they are, using numbering and bullet points where necessary. Rewrite the explanations and discussions around these points to make them fresh and original. Ensure the lists are formatted correctly with proper numbering or bullet points.
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Organize the content into clear, logical sections. Subheadings are not mandatory. Each section should have a subheading only if it enhances readability and comprehension.
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End with a strong conclusion that summarizes the key points and provides a closing thought or call to action (do not label this section).
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Ensure it is formatted properly with adequate line spacing
Make sure the article flows coherently, is engaging, and keeps the reader interested until the end. Reorganize and structure the content efficiently to enhance readability and comprehension. Use varied sentence structures and vocabulary to avoid monotony. Avoid directly copying any sentences or phrases from the original content. Here is the original content:
TORONTO — The Body Shop Canada is due to be sold to a company led by the co-founder of frozen yogurt chain Yogen Früz.
The cosmetics retailer says in court filings that an agreement it signed on Dec. 6 will see it sell all of its assets to an affiliate of Serruya Private Equity Inc.
The affiliate is run by businessman Michael Serruya, whose private equity firm has also had investments in St. Louis Bar and Grill, Second Cup Coffee Co., Swensen’s and Yogurty’s.
The price Serruya’s firm will pay for The Body Shop Canada was redacted from court documents but includes both cash and the assumption of certain liabilities.
An Ontario judge authorized a sale process for The Body Shop Canada in July, after its parent company, a European private equity firm, stripped it of cash and pushed it into debt, forcing it to close some stores.
Lawyers for The Body Shop Canada previously said 12 parties had been interested in buying the brand.
