Estée Lauder is in talks to purchase luxurious style model Tom Ford, based on individuals conversant in the matter, in what might be a $3 billion or extra deal representing the cosmetics large’s largest-ever acquisition.
New York-based Estée Lauder primarily sells skin-care merchandise, cosmetics and fragrance. Its brands embrace MAC, Clinique, La Mer and Aveda. With a market worth of almost $100 billion, it has the wherewithal to do such a deal.
