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Page 11 - ஃபேப்ரிஜியோ ஃப்ரெடா News Today : Breaking News, Live Updates & Top Stories | Vimarsana

EXCLUSIVE: In Largest Deal Yet, Estée Lauder Acquires Deciem at $2 2B Valuation

EXCLUSIVE: In Largest Deal Yet, Estée Lauder to Acquire Deciem at $2.2B Valuation Women s Wear Daily (WWD) 2/23/2021 Allison Collins The Estée Lauder Cos. Inc. has agreed to buy a majority stake in Deciem, the parent company of popular skin care brand The Ordinary, at a $2.2 billion valuation. Lauder owns a 29 percent stake in Deciem after investing in 2017. Under the terms of the deal, Lauder is paying $1 billion to increase its ownership position to 76 percent, valuing the company at $2.2 billion. In three years, Lauder plans to buy the rest of the company at a to-be-determined valuation. More from WWD

Estee Lauder to buy Canadian skincare company Deciem at US$2 2-billion valuation

TORONTO The Estee Lauder Cos Inc. says it has struck a deal to buy Canadian skincare company Deciem Beauty Group Inc. at a valuation of US$2.2 billion The agreement will see Estee Lauder purchase the Toronto-based company behind the popular skin care brand The Ordinary in two phases. Estee Lauder says the first phase […]

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