ESTEE LAUDER COMPANIES INC
No SEC Form 4 filings for $EL in the last 30 days.
Charlotte Tilbury’s change-of-control clause derailed a proposed $40bn (£30bn) merger between Puig and Estée Lauder, according to Business Matters and reports cited in the article. Jefferies estimated Puig could have faced about €900m to buy out Tilbury’s stake, which Estée Lauder was unwilling to absorb. Estée Lauder shares rose up to 16%; Puig fell about 15%.
Japan’s Nikkei 225 returned to strength, reaching 67,000 for the first time and up about 30% in 2024, as AI enthusiasm lifted semiconductors and industrials. The article cites SoftBank’s AI bets, Berkshire Hathaway’s increased exposure to trading houses, and rising foreign buying. It also points to Japan’s Q1 real GDP growth of 2.1% and Bank of Japan inflation near/above 2%. Bank of America forecasts Topix 4,200 and Nikkei 67,000 by year-end.
This article lists several companies, including AbbVie, Millrose Properties, Archer-Daniels-Midland, GE Vernova, and Estee Lauder, under the heading "Final trades". Without additional content, the specific context or recommendation for these trades cannot be determined.
