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. (#1459128)
Estée Lauder will buy Tom Ford in a $2.8 billion deal
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