Bare Escentuals Plans Secondary Offering

Bare Escentuals Inc. (Nasdaq: BARE), a San Francisco-based cosmetics company, announced a secondary public offering of 10 million common shares. Selling shareholders include Berkshire Partners (approx. 4.94m shares) and JH Partners (2.29m), which will see their ownership stakes drop to 24% and 11.4%, respectively. Bare Escentuals priced a $352 million IPO last September.