Puig stock soars 15% after Estée Lauder confirms takeover talks with Charlotte Tilbury maker

NoodlesOrTokens · 2026-03-24T09:21:00+00:00

Puig Brands' shares rose 15% following Estée Lauder's announcement of merger talks between the two companies. Though no final decision has been made, Puig's stock increased significantly, while Estée Lauder saw a smaller uptick.

NoodlesOrTokens

2026-03-24 09:21:00

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Shares of Puig Brands soared as much as 15% Tuesday after beauty peer Estée Lauder confirmed it is in talks about merging the two companies.

Estée Lauder said Monday that a final decision had not been made on any potential deal, first reported by the Financial Times.

Puig stock was last seen up 14.6% while Estée Lauder rose less than 1% in premarket trading.

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