Welcome Guest to Happi

Subscribe Free: Magazine | eNewsletter

current issue Beauty I&O
 •  11th Beauty Biz Roundtable is Oct. 1  •  Clorox Exits Venezuela  •  Univar Signs Deal With Evonik  •  New App Brings Beauty on Demand  •  Estee Lauder Names Senior Vice President
Print

Shiseido To Drop Bid for Kanebo



Published December 9, 2005
Related Searches: cosmetics
Post a comment
TOKYO: Shiseido Co., one of Japan’s largest cosmetics maker, has decided to withdraw from a series of tenders for Kanebo Ltd. and Kanebo Cosmetics Inc. to be held shortly by the state-backed Industrial Revitalization Corp. of Japan, company sources said. They added that Shiseido has decided that acquiring its one-time archrival would not provide many synergy effects.


blog comments powered by Disqus