The British beauty product retailer BODY SHOP (£374.1 million turnover for the year ending end-March with 1,814 shops) is discussing its takeover with the Mexican GRUPO OMNILIFE SA (annual turnover of $600 million) which produces and sells nutritional complements. The amount of the offer being considered is said to be in the order of 150 pence a share, valuing the company at $290 million.