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Stock impact report

Puig stock soars 13% after Estée Lauder confirms takeover talks with Charlotte Tilbury maker [MSNBC.com]

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: MSNBC.com
In this articleShares ofPuig BrandsEstée Lauder saidPuig stock closed the session 13.4% higher. Shares of Estée Lauder were last seen 9.5% lower, after tanking 7.7% in the previous session following the first report on the merger.Stock Chart IconStock chart iconPuig rose and Estée Lauder shares fell after the companies said they were mulling a potential merger.Puig had a market capitalization of nearly 8.8 billion euros ($10.2 billion) coming into the trading session, while Estée boasted a $28.7 billion market cap.Estée Lauder is in the early stages of a turnaround to revitalize growth, and efforts have included layoffs. The company's woes have been exacerbated by U.S. tariffs, which it flagged in February would impact its full-year profitability by $100 million.Meanwhile, Puig has seen sales grow steadily ever since it went public in 2024 with a portfolio spanning fragrance, skin care, and makeup under brands like Charlotte Tilbury, Nina Ricci, and Rabanne.watch nowVIDEO3:3803:38Puig Show less Read more
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