Estee Lauder and Puig call off merger talks, keeping apart Clinique and Jean Paul Gaultier brands

Associated Press Associated Press

Estee Lauder and perfume maker Puig have ended merger talks that would have potentially put brands like MAC, Clinique, Charlotte Tilbury and Jean Paul Gaultier under one roof.

Estee Lauder Cos. confirmed the discussions in March but said at the time that no agreement had been reached with the century-old Spanish company.

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