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Estee Lauder Taps JP Morgan to Finance Puig Takeover Bid, Spanish Daily Expansion Says

Summary by WWD
According to Spanish publication Expansión, the Estée Lauder Cos. is seeking 5 billion euro funding for a deal with Puig and has hired J.P. Morgan.

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Estée Lauder has requested from JPMorgan a funding line of €5 billion to study the launch of an OPA on Puig, according to financial sources consulted by Expansion. The operation, if confirmed, would mean the largest acquisition in the European cosmetic sector of the last decade. JPMorgan evaluates funding while Puig quotes in minimums The US bank is analyzing the feasibility of structuring a debt package that would allow the New York giant to la…

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  • 67% of the sources are Center
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Expansión broke the news on Tuesday, April 21, 2026.
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