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Estee Lauder Eyes Puig Acquisition: Financing in Motion
21 Apr
Summary
- Estee Lauder is seeking 5 billion euros for a Puig takeover.
- J.P. Morgan is structuring the financing package.
- The deal could unite brands like Tom Ford and Carolina Herrera.

U.S. cosmetics leader Estee Lauder is exploring a major acquisition of Spanish beauty company Puig. To facilitate this potential takeover, Estee Lauder has commissioned J.P. Morgan to arrange a financing package estimated at around 5 billion euros, equivalent to approximately $5.89 billion.
This proposed deal, announced last month, aims to forge the largest premium beauty conglomerate globally. If successful, the combined entity would bring together a prestigious collection of brands. These include luxury fashion house brands like Tom Ford, Carolina Herrera, Rabanne, and Jean Paul Gaultier, alongside Estee Lauder's own well-known Clinique.