Johnson's hard-line stance raw Dabao brand will continue Dabao.

<P> Keywords: Johnson & Johnson brand of skin care products holding large treasure July 30, announced the acquisition of a large treasure in the day, Johnson & Johnson Beijing company as usual. .Johnson feels that the acquisition reflects its great treasure, "Rooted in China" commitment. .</ P> <P> yesterday, with the dual identity of Johnson & Johnson sponsored, issued a message of concern --- that the acquisition of Beijing Dabao success. .One year and a half, to the Johnson & Johnson acquired a large treasure of information soon to be the outside world forgotten the time, yesterday, Johnson & Johnson area, announced the acquisition has received all relevant government approvals, Dabao Cosmetics Co., Ltd. as Johnson & Johnson (China) Investment Co. .the company's wholly owned subsidiary. .A once popular brand of cosmetics in China for many years, a Beijing mind memories will go in its takeover, is still too early to say. .</ P> <P> the final sale price or listing price of 2.3 billion </ P> <P> February 27 last year, a large state-owned holding enterprises listed on China Beijing Equity Exchange Po in the transfer of 100% stake, valued 2.3 billion. .A month later, on March 26 as scheduled listing information removed. .It was involved in "sea election" of a multinational level, said Johnson was "favored" the acquirer. .In subsequent years, Johnson has not directly address aspects of the matter. .</ P> <P> yesterday, Johnson & Johnson (China) Investment Co., Ltd. announced that it has completed the acquisition of Beijing Dabao Cosmetics Co., Ltd. of transactions, transfer of shares from Beijing Sanlu Factory and Beijing Dabao Cosmetics Co., Ltd. ESOP Association. ."This reflects our commitment to take root in the Chinese market." Johnson, president of China Wu Renwei said. .</ P> <P> yesterday, Johnson & Johnson (China) Co., Ltd. Public Relations Manager Yan Ho said in an interview, the new company will benefit from Johnson & Johnson's global experience in the industry. .However, its did not disclose the final transaction price. .If nothing else, price is a great treasure should be the original listing price of 2.3 billion. .</ P> <P> the two sides have reached consensus on the placement of workers </ P> <P> Beijing Dabao Cosmetics Co., Ltd. was established in 1999 by a joint-stock reform of Beijing Sanlu Factory is made of advanced welfare enterprises in Beijing. .Tai Po nearly 1,200 people currently staff, 1 / 3 for disabled employees. .In an interview with a reporter to see a large treasure plant, many employees use sign language to communicate. .</ P> <P> in the acquisition process, a large treasure of the main problems three major issues: the price, Tai Po brand extension, staff placement. .Johnson & Johnson had acquired a large treasure of the problem is not a set number of reasons for the delay, the main focus of debate for both sides in the great treasure the company's "employee housing" issue. .</ P> <P> side said Johnson, the two sides have reached consensus on this, in terms of the deal includes a comprehensive staffing plan, staff has been a great treasure on behalf of the General Assembly unanimously adopted as the state-owned enterprises and enterprise employees Bowes .all the rights and welfare will be retained. .</ P> <P> Yan He further explained that a large treasure after the acquisition of the original employees are still the parent company --- Great Treasure Beijing Sanlu Factory employees and continue to serve in the Great Treasure brands. .Meanwhile, the two sides signed the agreement in accordance with the provisions of the new company did not get jobs or do not accept the jobs the new company Sanlu Factory employees, will continue as a three-exposed factory workers, access to Sanlu Factory employment. .</ P>.