Estée Lauder Negotiates Acquisition of Spanish Company Puig to Create a Global Beauty Giant

The target company has a market value of about 10 billion USD and includes brands such as Carolina Herrera and Charlotte Tilbury. Estée Lauder is in talks to acquire the Spanish cosmetics company Puig Brands. This deal would merge two of the largest beauty companies in the world. Elephant Wedding in the Cosmetics World: Negotiations Ongoing Estée Lauder and Puig confirmed the talks following a report from the Wall Street Journal . Negotiations are ongoing, and there is no guarantee that an agreement will be reached, the companies...