Lauder Considers Bid for Puig at 18 Euros to 19 Euros Per Share, Report Says
PARIS – The Estée Lauder Cos. is considering launching a tender offer for all of Puig’s class B shares priced at 18 euros to 19 euros a share, Spanish publication Expansión reported Wednesday. Expansión did not cite by name its sources of the information. More from WWD As previously reported, Lauder and Puig announced on March 23 that they are in talks to merge their businesses. On Tuesday, Jose Manuel Albesa, Puig chief executive officer, during a call with financial analysts and journalists to discuss ...