Combination of US and Spanish companies would create $40bn fashion and beauty group

Tie-up between US and Spanish groups would create a $40bn beauty giant

La compañía reconoce a la CNMV negociaciones con el grupo estadounidense

Estée Lauder said Monday the company is in talks to potentially merge with Spanish beauty company Puig.

The deal would create a global beauty giant, uniting brands such as Tom Ford, Bobbi Brown and Rabanne.

Los analistas consideran que la compañía estadounidense deberá pagar una prima sustancial a los accionistas del grupo español

Shares of Puig Brands soared as much as 15% Tuesday after beauty peer Estée Lauder confirmed it is in talks about merging the two companies.

L’accordo darebbe vita a un colosso del lusso valutato 40 miliardi di dollari garantendo alle due aziende una posizione strategica nell’industria globale delle…

Combination of US and Spanish companies would create $40bn fashion and beauty group