Este Lauder responds to the merger with a Spanish beauty company: no final decision has been made yet.

Regarding the rumors of the merger between Este Lauder and Puig, Este Lauder responded to reporters saying that the company has not made a final decision yet. According to a statement released by Este Lauder Group, the company is in discussions with the Spanish beauty company Puig regarding a potential merger, with the possibility of combining their businesses. It was also mentioned that no final decision has been made at the moment, and no agreement has been reached. It is stated that unless both parties sign an agreement, the transaction and specific terms cannot be guaranteed. Public information shows that Puig Group, which started as a perfume company, was founded in 1914 and its brands cover various categories such as perfume, fashion, cosmetics, and skincare, including representative brands like Byredo and Paco Rabanne.