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 ......
Estée Lauder in talks to buy controlling stake in India investee co
By Debjyoti Roy
- 08 Mar 2021