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Stock impact report

EXCLUSIVE: The Estée Lauder Cos. Invests in 111Skin [Yahoo! Finance]

Estee Lauder Companies, Inc. (The) (EL) 
Last estee lauder companies, inc. (the) earnings: 5/1 06:45 am Check Earnings Report
US:NYSE Investor Relations: elcompanies.com/investors
Company Research Source: Yahoo! Finance
Yannis and Eva Alexandrides in 2012. Terms of the deal were not disclosed. More from WWD Heela Yang Departs Sol de Janeiro EXCLUSIVE: Weleda Cosmetics Posts 9.2 Percent Sales Growth, Moves Into New Categories in 2025 The Best Sunscreens for Acne-Prone Skin to Buy on Amazon, as Recommended by Dermatologists The deal comes just weeks after Lauder and Puig confirmed they are in talks about a potential merger, which would result in a business with over $20 billion in annual revenues. But Lauder isn't just thinking big. The 111Skin deal follows a pattern that the New York-based company has been taking when it comes to brand acquisitions, filling in white spaces in its portfolio in terms of geography and channel. Late last year it took a minority stake in the Mexico City-based Xinú, and in March, the company revealed it would buy out the remaining 51 percent of Forest Essentials , an India-based Ayurvedic beauty brand in which it has held stakes of varied size since 2008. “Ski Show less Read more
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