
Business
Estée Lauder ditches deal for Puig
US cosmetics maker Estée Lauder and Spanish perfumery Puig ended merger talks that would have created a premium beauty giant better positioned to compete with industry leader L'Oreal.

US cosmetics maker Estée Lauder and Spanish perfumery Puig ended merger talks that would have created a premium beauty giant better positioned to compete with industry leader L'Oreal.