Estee Lauder Companies Inc

NYSE:ELUnited States

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• Estee Lauder Completes Acquisition of DECIEM Beauty Group, from 2 hours ago by MT Newswires

  2 hours ago by MT Newswires
  Companies Mentioned: EL
  08:35 AM EDT, 06/03/2024 (MT Newswires) -- Estee Lauder (EL) said Monday it has completed its acquisition of DECIEM Beauty Group after exercising an option to purchase the remaining interests in the Canadian company for around $860 million in cash. ...

• DJ Estee Lauder Buys Remaining Deciem Stake for $860 Million, from 3 hours ago by Dow Jones

  3 hours ago by Dow Jones
  Companies Mentioned: EL
  
  By Colin Kellaher
  
  Estee Lauder has taken full ownership of Deciem Beauty Group, shelling out $860 million for the remaining 24% stake in the owner of The Ordinary beauty brand.
  

• The Estee Lauder Companies Completes Acquisition of DECIEM, from 3 hours ago by Business Wire

  3 hours ago by Business Wire
  Companies Mentioned: EL

  The Estee Lauder Companies Inc. (NYSE: EL) ("ELC") announced today that it has completed its acquisition of the Canadian-based, vertically integrated, multi-brand company DECIEM Beauty Group Inc. ("DECIEM"). ELC first invested in DECIEM in 2017, increased its stake to become majority owner in 2021, and recently exercised its option to purchase the remaining interests in DECIEM after a three-year period. ELC closed on the purchase of the remaining interests on May 31, 2024 using cash on hand for an estimated $860 million. The total investment, net of cash, approximated $1.7 billion over the three tranches. These amounts are subject to post-closing adjustments in accordance with the agreement.

• The Est e Lauder Companies Completes Acquisition of DECIEM, from 3 hours ago by Dow Jones

  3 hours ago by Dow Jones
  Companies Mentioned: EL
  NEW YORK--(BUSINESS WIRE)--June 03, 2024--
  The Estée Lauder Companies Inc. (NYSE: EL) ("ELC") announced today that it has completed its acquisition of the Canadian-based, vertically integrated, multi-brand company DECIEM Beauty Group Inc. ("DECIEM"). ELC first invested in DECIEM in 2017, increased its stake to become majority owner in 2021, and recently exercised its option to purchase the remaining interests in DECIEM after a three-year period. ELC closed on the purchase of the remaining interests on May 31, 2024 using cash on hand for an estimated $860 million. The total investment, net of cash, approximated $1.7 billion over the three tranches. These amounts are subject to post-closing adjustments in accordance with the agreement.
  

• *DJ The Est e Lauder Companies Completes Acquisition Of DECIEM >EL, from 3 hours ago by Dow Jones

  3 hours ago by Dow Jones
  Companies Mentioned: EL