E.l.f. beauty announces definitive agreement to acquire naturium

Oakland, calif.--(business wire)--e.l.f. beauty (nyse: elf) has signed a definitive agreement to acquire naturium, a fast-growing, high performance skin care brand for $355 million in a combination of cash and stock, furthering its mission to make the best of beauty accessible to every eye, lip, face and skin concern. the deal is expected to double e.l.f. beauty's presence in skin care to approximately 18% of retail sales. the transaction, which is subject to customary closing conditions, is ex.
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