How leaks, demands and a phone call derailed Estée Lauder’s deal to create a $40B luxe giant

How leaks, demands and a phone call derailed Estée Lauder’s deal to create a B luxe giant

US cosmetics maker Estée Lauder and Spanish perfume group Puig had been finalizing the details of a deal when talks fell apart late on Thursday, preventing a merger that would have created a $40 billion luxury beauty giant. The merged company would have put together brands such as Tom Ford, Clinique and MAC with Carolina Herrera and … Read more

William Lauder revealed as buyer of Rush Limbaugh’s $155M Palm Beach estate

William Lauder revealed as buyer of Rush Limbaugh’s 5M Palm Beach estate

The buyer who purchased Rush Limbaugh’s Palm Beach estate for a record $155 million has been revealed as billionaire William Lauder, The Wall Street Journal reports. Lauder, 62, is the executive chairman of powerhouse cosmetics brand The Estée Lauder Companies, and has a net worth of $3.5 billion, according to Forbes. The Post reached out … Read more