Estée Lauder CEO Discusses Discontinued Merger Talks With Puig
During Estée Lauder's panel at the Deutsche Bank Global Consumer Conference, CEO Stéphane de La Faverie addressed ongoing discussions about portfolio optimization and a previously considered merger with Puig. The talks were terminated on May 21, but M&A remains part of the company’s strategic considerations under its 'Beauty Reimagined' plan.
Tickers: $EL
Topics: corporate strategy Estée Lauder portfolio optimization Puig