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Will buy holding company that owns Dr.Ci:Labo and Labo Labo brands.
October 23, 2018
By: Christine Esposito
Editor-in-Chief
Johnson & Johnson says it has reached a deal with Ci:z Holdings Co., Ltd., the Japanese company behind Dr.Ci:Labo, Labo Labo and Genomer skin care brands, to launch an all-cash offer to acquire all of the outstanding shares of the company not already held by Johnson & Johnson and its affiliates for approximately ¥230 billion. “Health and beauty consumers are actively seeking science-based innovation to improve their skin,” said Jorge Mesquita, worldwide chairman, Johnson &...
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