Women’s clothier Talbots closed a financing deal that will enable it to buy control of its operations from Japan-based Aeon Ltd.

Talbots yesterday announced a successful tender for BPW Acquisition Corp., a blank-check company with $350 million on its balance sheet. The retailer will use the cash to purchase the 54-percent stake in Talbots owned by Aeon, a retail company.

A blank-check company either doesn’t have an established business plan or has a plan that revolves around a tie-up with another firm.

Shares gained 2 percent, or 26 cents, to $13.47 on the news.

The offer for BPW had been extended on a daily basis since March 26.

The deal, in which the retailer will also get a new credit facility, “marks an important milestone,” Talbots CEO Trudy Sullivan said.