Shares of Puig Brands soared as much as 15% Tuesday after beauty peer Estée Lauder confirmed the companies are in talks about a potential merger. Estée Lauder said late Monday that a final decision had not been made on any potential deal, first reported by the Financial Times. It did not disclose any financial terms….
A bull statue and a bear statue stand outside the Frankfurt Stock Exchange on April 7, 2025 in Frankfurt, Germany. Florian Wiegand | Getty Images News | Getty Images Shares listed in Europe struggled to find direction on Tuesday, as uncertainty around a resolution to the Iran war weighed on sentiment. Shortly after the opening…
An Estée Lauder pop-up store is seen inside a Daimaru store on Nanjing Road in Shanghai, China, Aug. 6, 2021. Costfoto | Future Publishing | Getty Images Estée Lauder Companies said Monday that it is in talks with Spanish beauty group Puig to potentially merge the two companies. “No final decision has been made, and…
