Estee Lauder nears $2.8 billion deal to buy Tom Ford – FT

This post was originally published on this site

(Reuters) – Estee Lauder (NYSE:EL) Cos Inc is nearing a deal to buy Tom Ford for about $2.8 billion, including debt, the Financial Times reported on Friday, citing people briefed about the matter.

Estee Lauder did not immediately respond to a Reuters request for comment.