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Estée Lauder Could Make Its Largest-Ever Acquisition

The cosmetics giant is sizing up luxury brand Tom Ford in a potential $3 billion deal

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Andrey Zhuravlev, iStock

Estée Lauder (New York) is in talks to buy luxury fashion label Tom Ford for a sum in the $3 billion neighborhood, The Wall Street Journal reports.

The cosmetics company isn’t Tom Ford’s only suitor, but if the deal comes to fruition, it would be Estèe Lauder’s largest-ever acquisition.

Tom Ford is known for its menswear, but it also has a high-end line of cosmetics and fragrances. Estée Lauder, according to the outlet, is most interested in the beauty business and could look to license the clothing lines elsewhere.

Read more at The Wall Street Journal.

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