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Estée Lauder in talks to buy controlling stake in India investee co

By Debjyoti Roy

  • 08 Mar 2021
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Estée Lauder in talks to buy controlling stake in India investee co
Credit: Thinkstock

US-based cosmetics maker Estée Lauder is in talks to take control of a homegrown personal care brand in which it currently owns a minority stake, three people told VCCircle. The deal for Forest Essentials will value the Delhi-based brand at Rs 4,000-5,000 crore ($546-683 million), the people said. The American firm may ......

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