General Atlantic to exit Too Faced
The Estee Lauder Companies Inc said Nov. 14 that it agreed to buy Too Faced for about $1.45 billion. Sellers include General Atlantic, which acquired a majority stake in the company in June 2015. Too Faced is a makeup brand that provides cosmetics for the eyes, face and lips. Evercore and BNP Paribas provided financial advice to Estee Lauder, while Lowenstein Sandler LLP was their attorney. Too Faced received financial advice from Goldman, Sachs & Co and Jefferies LLC, and legal counsel from Paul, Weiss, Rifkind, Wharton & Garrison LLP.
15 November 2016•5 mins read
