10.23.18
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.
