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Estée Lauder Considers Bid for Puig at €18-19 per Share, Source Says

Cosmetics giant Estée Lauder is considering launching a takeover bid for all of Puig’s Class B shares at $21 to $22.20 a share, ​said ⁠a source close to the matter.
Charlotte Tilbury and Byredo-owner Puig has rapidly diversified through an acquisition spree.
The negotiations between Estée Lauder and Charlotte Tilbury and Byredo-owner Puig were first revealed in March. (Puig)

Cosmetics giant Estée Lauder is considering launching a takeover bid for all of Puig’s Class B shares at €18 to 19 ($21 to $22.20) a share, ​said ⁠a source close to the matter.

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