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Executives from Puig and Estée Lauder shaking hands amid $40B merger talks, with stock charts showing price swings and luxury beauty products on display.
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Puig and Estée Lauder in talks for potential $40 billion merger

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Puig and The Estée Lauder Companies disclosed after Monday's market close that they are discussing a possible business combination, with no agreement reached. Puig notified Spain's CNMV on March 23, 2026. The deal could create a $40 billion beauty group with $20 billion in combined sales, prompting Estée Lauder shares to drop 7.7% while Puig's rose 11%.

Spirit Airlines has ceased all operations, canceling every scheduled flight and stranding thousands of passengers. Treasury Secretary Scott Bessent blamed the Biden administration's opposition to its merger with JetBlue for the collapse. The shutdown follows a failed $500 million bailout attempt by the Trump administration.

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GameStop is preparing a potential buyout offer for eBay, according to a Wall Street Journal report. The offer could come as soon as later this month. GameStop's market value stands at about $11 billion, compared to eBay's $45 billion.

Paramount Global's proposed merger with Warner Bros. Discovery has cleared the federal antitrust waiting period, potentially shifting scrutiny to state attorneys general. The Department of Justice's opportunity to preemptively block the deal has expired, though intervention remains possible. California Attorney General Rob Bonta has vowed a vigorous investigation into the transaction.

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Netflix has withdrawn from its planned acquisition of parts of Warner Bros. Discovery, paving the way for Paramount Skydance to buy the entire company. The deal, valued at $31 per share, includes commitments to maintain theatrical releases and faces regulatory scrutiny. Both companies aim to combine their struggling streaming and cable operations for greater profitability.

韩国公平交易委员会1月26日宣布,因担心限制市场竞争,阻止一家新加坡私募股权基金收购韩国最大车辆租赁公司乐天租车。该基金已拥有全国第二大运营商SK租车,此交易将使两大公司归于同一实体。该委员会强调短期和长期租赁市场可能出现反竞争效应。

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Netflix has amended its $72 billion acquisition of Warner Bros. Discovery to an all-cash offer, aiming to secure shareholder approval amid a rival hostile takeover attempt by Paramount. The change simplifies the deal and eliminates stock-related uncertainties, with a shareholder vote targeted for April 2026. Warner Bros plans to spin off its cable TV assets beforehand.

 

 

 

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