Shiseido Co. Ltd. announced after the close Thursday that it entered into a definitive agreement to acquire Bare Escentuals Inc. (BARE) for approximately US$1.7 billion, through an all-cash tender offer and second-step merger.
Bare Escentuals gapped open sharply higher Friday, but traded in a narrow range throughout the session. Shares finished up by 5.33 at $18.07 on the highest volume of the year. The stock closed at a new high for the year.
For comments and feedback contact: editorial@rttnews.com
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.