Estée Lauder tries to seduce Puig. Estée Lauder launches a new succulent offer to Puig for the current president of the group Marc Puig. As published this morning by the newspaper Expansión, Estée Lauder has offered Marc Puig the co-presidency of the board of directors of the resulting group together with William P. Lauder.
The negotiations, as published by the media outlet itself, remain unclear and there are still financial and governance aspects to be resolved that are key to the success of the operation.
The economic newspaper also advanced yesterday that Estée Lauder had intensified its offer to take control of Puig with a new public acquisition offer (OPA) with a range of between 18 and 19 euros per share.
Despite the fact that nothing is clear yet, the transaction would give rise to one of the main global beauty groups in the premium beauty segment, but there is no evidence that the agreement will be formalized at the moment.