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Briefing: Puig stock soars 15% after Estée Lauder confirms takeover talks with Charlotte Tilbury maker

Strategic angle: Shares of Puig Brands surged following Estée Lauder's announcement of merger discussions.

editorial-staff
1 min read
Updated 18 days ago
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Summary

  • Puig Brands shares increased by 15% on Tuesday.
  • Estée Lauder is in talks to merge with Puig.
  • The news has positively impacted Puig's market performance.