Article #32790
The Guardian - World News
| Title | Estée Lauder ends merger talks with Gaultier owner Puig | Source | The Guardian - World News |
| Description |
Sticking points to build beauty powerhouse included which family would hold balance of power 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 skincare, makeup and fragrances, with a portfolio that includes Clinique, Bobbi Brown and Tom Ford Beauty. Continue reading... |
||
| Link | https://www.theguardian.com/business/2026/may/22/estee-lauder-ends-merger-talks-gaultier-owner-puig | Published At | 2026-05-22 04:42:30 (2 months ago) |
| Created At | 2026-05-22 04:52:19 | Updated At | 2026-05-22 06:24:16 |