Estée Lauder in talks to buy luxury brand Tom Ford

Estee Lauder According to people familiar with the matter, they are in talks to buy high-fashion brand Tom Ford, in a deal that could be $3 billion or more representing the largest acquisition from… formerly of the cosmetics giant.

New York-based Estée Lauder primarily sells skin care products, cosmetics, and fragrances. Its trademark including MAC, Clinique, La Mer and Aveda. With a market value of nearly $100 billion, it has enough potential to make such a deal.

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