Estee Lauder-Puig Talks Collapse
The proposed multibillion-dollar tie-up between Puig and Estee Lauder fell apart due to makeup artist Charlotte Tilbury’s demands regarding her compensation in the deal, according to people familiar with the matter. The news caught investors by surprise given discussions between the two had been progressing since March. Bloomberg Opinion's Andrea Felsted has more. Her opinions are her own. (Source: Bloomberg)
Original Source
Read the full article at Bloomberg →KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.