The $1.7 billion transaction combines Shiseido's global reach and product development capabilities with Bare Escentuals' mineral-based cosmetic portfolio and multi-channel marketing.
The eStore featuring P&G brands will test innovative e-commerce concepts that are expected to unlock growth for online sales of consumer product categories.
The new R&D Center will lead Nestle's global research and development in biscuits and cereal-based snacks, focusing both on innovation and renovation of products.