Estee Lauder to pay $1 billion for larger chunk of Toronto’s Deciem skin care

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Estee Lauder Co. agreed to pay US$1 billion to boost its stake in Deciem Inc., giving the Canadian skin-care company an enterprise value of $2.2 billion as the cosmetics giant moves toward a full takeover. Estee Lauder will raise its stake in Deciem to 76% from 29% with the deal, which it expects to close […]

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