Decision Not Yet Reached in Puig-Lauder Merger Talks [Yahoo! Finance]
Estee Lauder Companies, Inc. (The) (EL)
Last estee lauder companies, inc. (the) earnings: 5/1 06:45 am
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Source: Yahoo! Finance
“As of April 28, 2026, no final decision has been made,” Puig said in a statement. “Unless and until an agreement is reached, there can be no assurances regarding the transaction or the terms.” More from WWD EXCLUSIVE: Weleda Cosmetics Posts 9.2 Percent Sales Growth, Moves Into New Categories in 2025 EXCLUSIVE: Parfums de Marly and Initio Parfums Privés' Yearly Retail Sales Pass $1 Billion EXCLUSIVE: John Legend's Loved01 Launches Caregiver Initiative Loved01 Cares As previously reported, Puig and the Estée Lauder Cos. confirmed on March 23 that they are in merger talks. If they do come together, the new beauty powerhouse would have just over $20 billion of estimated combined sales, making it the largest premium beauty player worldwide. In Puig's first quarter, the Spanish fragrance and fashion company's net revenue reached 1.22 billion euros, up 0.8 percent in reported terms and 4.7 percent on a like-for-like basis. The gains outstripped that of the premium beauty market
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EL
Earnings
- 2/5/26 - Beat
EL
Sec Filings
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- 4/10/26 - Form 4
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