Japan's largest cosmetic company, Shiseido, is set to acquire the American make-up company Bare Escentuals Inc. (products pictured) for $1.7 billion, marking the largest acquisition in its 83-year history.

It goes to show you the price companies are willing to pay to boost and capture a market.

Read all about it here.

To expand your reach, what's your global acquisition target in 2010?