Estée Lauder and Puig End Merger Talks, Puig Shares Fall
Estée Lauder and Puig have announced the termination of their merger discussions, leading to a significant drop in Puig's share price. Estée Lauder's shares, however, saw a rise as the company prioritizes its turnaround strategy.
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Puig shares fall after collapse of Estée Lauder merger talks - Reuters
Puig shares fall after collapse of Estée Lauder merger talks Reuters
Read full article →Estée Lauder and Puig end merger talks over creating beauty powerhouse
Shares in US cosmetics giant jump 11.5% in post-market trading as investors welcome end of talks
Read full article →Estée Lauder ends merger talks with Gaultier owner Puig
Sticking points to build beauty powerhouse included which family would hold balance of power, according to FT Business live – latest updates The US cosmetics company Estée Lauder has ended merger talks with its Spanish rival Puig to create a fashion and beauty retailer worth almost $40bn (£30bn/€34.5bn) after failing to agree which would hold the balance of power in the combined group. Estée Lauder is one of the world’s biggest manufacturers of skin care, makeup and fragrances with a portfo...
By Mark Sweney
Read full article →Estée Lauder surges in premarket after Puig merger deal talks end
Estée Lauder's shares jumped before the market opened after talks over a potential merger deal with Spanish beauty group Puig was terminated.
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