Estée Lauder to buy Tom Ford in $2.8 billion deal

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News business : Estée Lauder Companies Inc announced on Tuesday it will buy Tom Ford for $2.8 billion, beating out French luxury conglomerate Kering who was also rumoured to be in the running to acquire the U.S. fashion label.  (#1459127)

The Estée Lauder Companies finalises Tom Ford brand acquisition in US$2.8 billion deal - Global Cosmetics News

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Estée Lauder Agrees to Buy Tom Ford Brand in $2.8 Billion Deal - The New York Times, tom ford

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Estée Lauder buys Tom Ford in a deal worth $2.8 billion – HERO