# Natura shareholder governance and stake dispute

> Live situation record from CLSTR: https://clstr.news/situations/natura-shareholder-governance-and-stake-dispute
> Updated: 2026-08-18T11:31:05.000Z. Sources: 2. Developments: 2.

Shareholders representing 38.82% of Natura's capital have requested two extraordinary general meetings. The first meeting aims to consider waiving the mandatory public takeover bid (OPA) required by company bylaws for significant share transactions. The second meeting will address governance changes, including expanding the board of directors and electing two new members.

This move follows the acquisition of at least an 8% stake in Natura by Advent International’s Lotus FIP Multiestratégia on the secondary market. Natura has committed to disclosing all received documentation and convening the meetings within the requested timeframe.

## Timeline

### 2026-08-18: NaturaSì denies takeover rumors, cites steward ownership model

NaturaSì has denied rumors of a takeover attempt by shareholder Bonifiche Ferraresi, citing its steward ownership model which protects the company's mission via a non-profit foundation.

2 sources. https://clstr.news/cluster/naturas-denies-takeover-rumors-cites-steward-ownership-model

### 2026-07-30: Natura shareholders push for Advent International stake approval and board expansion

Natura shareholders with 38.82% stake seek two meetings to waive an OPA requirement and expand the board after Advent’s Lotus FIP bought at least 8% of the company.

2 sources. https://clstr.news/cluster/natura-shareholders-push-for-advent-international-stake-approval-and-board-expansion

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Cite as: Natura shareholder governance and stake dispute. CLSTR, https://clstr.news/situations/natura-shareholder-governance-and-stake-dispute