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Stock Market & Financial Investment News

News Breaks
March 25, 2014
06:53 EDTELAnalysts say Estee Lauder poised for M&A activity, Bloomberg says
Estee Lauder is on the cusp of its longest stretch without a purchase in at least 19 years, reported Bloomberg. The company hasn't announced any acquisitions since Smashbox Beauty Cosmetics in May 2010 and analysts are saying that the environment "is right" for M&A activity. Reference Link
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October 15, 2014
08:04 EDTELEstee Lauder acquires Le Labo
Estée Lauder announced that it has signed a definitive agreement to acquire Le Labo. Terms of the deal were not disclosed. The acquisition is expected to close in November. Le Labo will be overseen by John Demsey, The Estée Lauder Companies’ Group President, responsible for Estée Lauder, M·A·C, Tom Ford, Prescriptives, Bobbi Brown, Jo Malone, La Mer, Bumble and bumble, Smashbox and Aramis & Designer Fragrances.

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