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CVC Capital Partners could pay $1.9 billion, according to sources.
January 22, 2021
By: TOM BRANNA
Editor
Shiseido Co. is in advanced talks to sell its shampoo and affordable skin care business to CVC Capital Partners for 150 billion to 200 billion yen ($1.45 billion-$1.9 billion), as the Japanese cosmetics maker shifts its focus to premium beauty products. The operations targeted for sale includes the company’s Tsubaki hair-care products and is mainly active in Japan, China and other parts of Asia. In a statement, Shiseido said the companies are in talks regarding subsequent joint management of ...
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