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By exiting Puig talks, Estée Lauder preserves firepower for selective M&A

FN·May 26 ago·3 min read
Photograph via Fashion Network
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After US cosmetics company Estée Lauder walked away from merger talks with Spanish perfume maker Puig, analysts called the move prudent and said it left Estée with more flexibility to pursue other acquisitions.

After US cosmetics company Estée Lauder walked away from merger talks with Spanish perfume maker Puig, analysts called the move prudent and said it left Estée with more flexibility to pursue other acquisitions.

After US cosmetics company Estée Lauder walked away from merger talks with Spanish perfume maker Puig, analysts called the move prudent and said it left Estée with more flexibility to pursue other acquisitions.

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