Shiseido to acquire Bare Escentuals
Shiseido Company, Ltd., a Japan-based cosmetics manufacturer, and Bare Escentuals, Inc., a US-based developer, marketer and distributor of cosmetic products, have entered into a definitive agreement pursuant to which Shiseido will acquire Bare Escentuals for approximately $1,700 million through an all-cash tender offer and second-step merger.
Shiseido Co., Japanâ??s biggest cosmetics maker, said it agreed to acquire Bare Escentuals Inc. for about $1.7 billion.