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Beauty Industry, Mergers and Acquisitions

Estee Lauder Companies Discusses Merger with Puig

While the companies have confirmed discussions, no final decision has been made.

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By: Rachel Klemovitch

Assistant Editor

The Estée Lauder Companies has been in discussions with Puig on a potential business combination. 

No final decision has been made, and no agreement has been reached. 

However, this deal would create a $40 billion luxury beauty group with a strong foothold in the ​global fragrance industry, according to Reuters.

Together, the companies would face the market slowdown, with consumer sentiment further shaken by inflation concerns ​due to the Middle East conflict.

Unless and until an agreement is signed between the companies, there can be no assurances regarding the deal or its terms.

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