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Johnson & Johnson plans to purchase all outstanding shares of the Japanese cosmetics company, Ci:z Holdings.
October 23, 2018
By: Marie Redding
Senior Editor
Johnson & Johnson has made an offer of $2.05 billion in cash to buy all the outstanding shares of the Japanese cosmetics company Ci:z Holdings, which owns skincare brands Dr.Ci:Labo, Labo Labo, and Genomer. J&J already owns 19.9% of the company and is its second-largest shareholder. The news was reported by The Street and CNBC. Photo: Skincare products from the Labo Labo and Genomer brands.
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