Estee Lauder to buy cosmetics company Too Faced for $1.45 billion

Estee Lauder Cos. has agreed to buy cosmetics company Too Faced, a makeup brand popular with millennials, for about $1.45 billion. This marks the biggest acquisition in the history of Estee Lauder. Too Faced, which is expected to top $270 million in net sales this year, will help Estee Lauder … Read entire story.

Source: CPP-LUXURY