Estee Lauder-Puig Merger Talks End Amid Tilbury Tangles
Estée Lauder Companies and Puig ended merger talks, a deal long in discussion but complicated by Charlotte Tilbury's renegotiation leverage and Puig ownership dynamics. Lauder said it remains confident in standalone growth, and the breakup follows Tilbury’s evolving role. Lauder’s stronger financial position and solid results helped drive the decision, with Lauder stock rising after hours and Puig slightly down on the news.
