Citi Research Views Shelved Merger Between Estée Lauder and Puig as Positive
Citi Research has expressed a positive outlook on the shelving of merger negotiations between Estée Lauder (EL) and Puig, noting that it removes an overhang from Estée Lauder's stock. The decision allows Estée Lauder to focus independently.
Tickers: $EL
Topics: Citi Research Estée Lauder Puig stock overhang