Summary : An Estee Lauder cosmetics counter is seen in Los Angeles, California, U.S., August 19, 2019. REUTERS/Lucy Nicholson/File Photo
Aug 1 (Reuters) – Cosmetics maker Estee Lauder Cos Inc (EL.N) is in talks to acquire luxury brand Tom Ford in what could be a $3 billion deal, the Wall Street Journal reported on Monday, citing people familiar with the matter.
Estee Lauder and Tom Ford did not immediately respond to Reuters’ requests for comment.
An Estee Lauder cosmetics counter is seen in Los Angeles, California, U.S., August 19, 2019. REUTERS/Lucy Nicholson/File Photo
Aug 1 (Reuters) – Cosmetics maker Estee Lauder Cos Inc (EL.N) is in talks to acquire luxury brand Tom Ford in what could be a $3 billion deal, the Wall Street Journal reported on Monday, citing people familiar with the matter.
