Estée Lauder's shares jumped before the market opened after talks over a potential merger deal with Spanish beauty group Puig was terminated.
Puig's shares were expected to fall at least 10% on Friday after the Spanish perfumery and U.S. cosmetics maker Estée Lauder said on Thursday they had ended merger talks.
Estee Lauder and perfume maker Puig have ended merger talks that would have potentially put brands like MAC, Clinique, ...
U.S. cosmetics maker Estée Lauder and Spanish perfumery Puig ended merger talks that would have created a premium beauty giant better positioned to compete with industry leader L'Oreal .
When the discussions were disclosed in March, analysts weren’t thrilled about the tie-up’s potential to interrupt Estée ...
Key sticking point to building beauty powerhouse was level compensation demanded by Charlotte Tilbury ...
The decision ends months of speculation that the two would merge and create one of the world’s largest beauty companies.
Estee Lauder Companies Inc (NYSE:EL, XETRA:ELAA) shares rose about 10% on Wednesday after the company confirmed it has ended ...
The merged company would have put together brands such as Tom Ford, Clinique and MAC with Carolina Herrera and Charlotte ...
US cosmetics giant Estée Lauder has ended merger talks with Spanish rival Puig over a deal that would have created a fashion and beauty powerhouse worth nearly $40 billion (€34.4 billion). Estée ...
Estée Lauder and Puig announced that the parties have terminated talks on a potential business combination. Shares of Estée ...
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