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https://i-invdn-com.investing.com/trkd-images/LYNXMPEI700XQ_L.jpg(Reuters) – Cosmetics maker Estee Lauder (NYSE:EL) Cos Inc is in talks to acquire luxury brand Tom Ford in what could be a $3 billion deal, the Wall Street Journal reported on Monday, citing people familiar with the matter.
Estee Lauder and Tom Ford did not immediately respond to Reuters’ requests for comment.