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Shiseido To Acquire Bare Escentuals

Transaction valued at $1.7 billion.

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By: TOM BRANNA

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There’s gold in mineral makeup…at least for shareholders of Bare Escentuals. Shiseido will acquire Bare Escentuals for approximately $1.7 billion through an all-cash tender offer and second-step merger. The transaction was approved by the boards of directors of both companies by unanimous vote of those directors present and voting. “Shiseido keeps talking about becoming a global force in cosmetics and toiletries, but so far seems to spend most of its energies on countless in...

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