EL - The Estée Lauder Companies Inc.
The merged company would have put together brands such as Tom Ford, Clinique and MAC with Carolina Herrera and Charlotte Tilbury, popular with TikTok influencers and affluent millennials.
U.S. cosmetics maker Estée Lauder and Spanish perfume group Puig had been finalising the details of a deal when talks fell apart late on Thursday, preventing a merger that would have created a $40 billion luxury beauty giant.
EstÃe Lauder (EL) shares jumped about 10% on Friday after the company said it and Spanish beauty group Puig ended discussions over a possible merger.The move l
Estee Lauder Companies Inc (NYSE:EL, XETRA:ELAA) shares rose about 10% on Wednesday after the company confirmed it has ended discussions with Puig regarding a potential business combination, removing uncertainty around a deal that had been under consideration since March. In a statement, Estée Lauder said both parties have terminated talks on the proposed transaction, noting there is no agreement in place.
Estée Lauder Companies, Inc. (NYSE:EL) shares are trading higher Friday after the company announced it terminated discussions regarding a potential business combination with Puig.
Stock futures are pointing to a slightly higher open ahead of the long holiday weekend; the Dow closed at its first record high in more than three months yesterday, while the S&P 500 is on pace to post gains for the 8th consecutive week; shares of Estée Lauder are rallying after the cosmetics maker dropped acquisition talks with a fellow makeup brand, Puig; Workday stock is rallying after the enterprise software maker reported results that topped Wall Street estimates; and Take-Two Interactive shares are climbing after the video game maker beat estimates and said "Grand Theft Auto VI" is still on track for its Nov. 19 release date. Here's what you need to know today.
Shares of Estée Lauder (EL) climbed sharply on Friday after the cosmetics company and Spanish beauty group Puig Brands announced they had terminated merger discussions that could have created one of the world's largest luxury beauty companies. Estée Lauder shares rose roughly 11% in premarket trading, putting the stock on track for its strongest single-day performance in nearly a year.
Estée Lauder's shares soared in premarket after a potential merger with Spanish beauty group Puig fell through. Estée said on Thursday that it had decided to terminate a potential combination of the two family-owned beauty firms.
Estée Lauder stock jumped early Friday and was one of the biggest risers in the S&P 500.
Madrid-listed shares fell more than 14% in European morning trading, while Estee Lauder's stock was up over 10% in premarket trading.
Estée Lauder Companies Inc. (NYSE:EL) and Puig have ended discussions about a potential business combination, closing the door on talks first confirmed in March.
The decision ends months of speculation that the two would merge and create one of the world's largest beauty companies.
Estee Lauder and Puig have terminated talks related to a merger, they said on Thursday, bringing a close to the possibility of creating the world's largest premium beauty player to compete with L'Oreal.
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 focused on.
EL, NUS and COTY tap AI, wellness and innovation trends as beauty demand evolves across skincare, cosmetics and fragrance categories.
EL, NYT, ADM, TSN and FMX are gaining momentum as consumer staples stocks join Wall Street's 2026 rally.
The Estée Lauder Companies Inc. (EL) Presents at Morgan Stanley Luxury Conference 2026 Transcript
Pre-Market Stock Futures: Futures are trading sharply lower as we get set to end one of the most exciting weeks on Wall Street in 25 years. Positive meetings in China with President Trump, who brought his CEO contingent and Elon Musk, and President Xi, massive upside earnings and forward guidance from an OG tech and... Here Are Friday's Top Wall Street Analyst Research Calls: Arista Networks, BWX Technologies, Cisco Systems, Danaher, Doximity, Estee Lauder, Illumina, Texas Roadhouse, Workday, and More
NEW YORK--(BUSINESS WIRE)--Stéphane de La Faverie, President and Chief Executive Officer, and Nadine Graf, President, EMEA, UK&I, and Emerging Markets, of The Estée Lauder Companies Inc. (NYSE: EL) will participate in the Morgan Stanley Luxury Conference 2026 in Paris on Tuesday, May 19, 2026, at 4:00 p.m. CEST. Interested parties can access the live webcast of the fireside chat on Tuesday, May 19th from 4:00 p.m. – 4:45 p.m. CEST at http://www.elcompanies.com/investors. The webcast will be.
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.