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 .
The decision ends months of speculation that the two would merge and create one of the world’s largest beauty companies.
The merged company would have put together brands such as Tom Ford, Clinique and MAC with Carolina Herrera and Charlotte ...
Estée Lauder and Puig announced that the parties have terminated talks on a potential business combination. Shares of Estée ...
The Estee Lauder Cos. Inc. and Puig deal is no more. The two companies late Thursday said they have terminated discussions ...
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies ...
Madrid-listed shares fell more than 14% in European morning trading, while Estee Lauder’s stock was up over 10% in premarket ...
Estée Lauder (EL) stock jumped 10%+ after ending merger talks with Puig. Charlotte Tilbury stake issues derailed the proposed ...
After confirming they had begun discussions for a merger on March 23, Puig and Estée Lauder Companies announced today in separate statements that they did not reach an agreement. “We appreciate the ...
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