TOKYO, Oct 23 (Reuters) - U.S. healthcare conglomerate
Johnson & Johnson  JNJ.N  said on Tuesday it is acquiring all
outstanding shares of Japanese cosmetics firm Ci:z Holdings Co
Ltd  4924.T  that it does not already own for 230 billion yen
($2.05 billion).
    The U.S. company will pay 5,900 yen per Ci:z share, a 55
percent premium over Tuesday's closing price, and expects the
deal to strengthen its market presence in Japan, J&J said in a
statement.
    J&J is the second largest shareholder of the Japanese firm
and owns a 19.9 percent stake through its affiliate.
($1 = 112.3500 yen)

 (Reporting by Makiko Yamazaki and Chris Gallagher; Editing by
Muralikumar Anantharaman)
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