Estée Lauder's stock price declines due to merger negotiations with Puig Brands

LootboxPhobia · 2026-04-01T20:29:55+00:00

Estée Lauder's stock price fell 1.5% as it is in negotiations with Puig Brands SA for a stock transaction merger, potentially creating one of the world's largest luxury beauty companies. The merger will combine several well-known brands from both sides and is expected to be announced within a few weeks.

LootboxPhobia

2026-04-01 20:29:55

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Investing.com – The share price of Estée Lauder Companies (NYSE:EL) fell 1.5% on Wednesday, after Bloomberg News, citing sources familiar with the matter, reported that the company is holding in-depth talks with Spain’s Puig Brands SA on a stock-based deal.

According to Bloomberg News, the two family-owned businesses are negotiating a potential transaction that could create one of the world’s largest luxury beauty groups. The deal has been the subject of rumors that surfaced last month and could be formally announced within weeks.

Under the proposed terms, Puig’s Executive Chairman Marc Puig will join the board and is expected to play a key role in integrating the two companies. The presence of Puig family members in leadership is seen as an important factor for maintaining continuity during the transaction. Marc Puig had been serving as CEO prior to last month.

The merger would bring together brands under Estée Lauder, such as MAC and Le Labo, with brands under Puig, including Charlotte Tilbury and Byredo. The deal is structured primarily as a stock transaction.

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