Wednesday 21 November 2018
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inquirer - 29 days ago

J J moves to buy Japanese cosmetic products company

NEW YORK --- Johnson Johnson is paying about $2 billion in cash for the outstanding stake of a Japanese cosmetics and skincare products company. The New Brunswick, New Jersey, health care products company already owns about 20 percent of Ci:z Holdings Co. Johnson Johnson said Tuesday that buying Ci:z gives it a stronger position by leveraging one of the largest customer relationship management databases for direct-to-consumer skincare in Japan. It also gives the company more distribution

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