Estee Lauder and Puig end merger talks

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Go back to Estee Lauder and Puig end merger talks

The Estée Lauder Companies & Puig End Discussions Regarding a Potential Business Combination

May 21, 2026 4:05 PM EDT

The Estée Lauder Companies Reiterates Confidence in Its Beauty Reimagined Strategic Vision

NEW YORK--(BUSINESS WIRE)-- On March 23, 2026, The Estée Lauder Companies Inc. (NYSE: EL) and Puig confirmed they were in discussions regarding a potential business combination, but unless and until an agreement was signed between the companies, there could be no assurances regarding the deal or its terms.

The Estée Lauder Companies and Puig today announced that the parties have terminated discussions regarding a potential business combination. The Estée Lauder Companies remains fully... More