
Estee Lauder and Puig eye $40B merger to forge a fashion-beauty giant
Estée Lauder is in talks with Puig to pursue a potential merger that could form a $40 billion fashion-and-beauty group; both companies confirmed discussions but gave no details and said no final agreement exists. Analysts see potential scale and fragrance overlap but warn of execution risk amid Lauder's turnaround and mixed investor sentiment, while Puig has seen its stock bounce after listing.











