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Estee Lauder Completes Darphin Acquisition

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By: TOM BRANNA

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Announces Gains in the Third Quarter The Estee Lauder Companies Inc. announced that today it has completed its acquisition of Laboratoires Darphin, the Paris-based company dedicated to the development, manufacturing and marketing of prestige skin care and makeup products, from Andre Benet and his family. Terms of the deal were not disclosed.Darphin is a well-established brand in prestige skin care, generally the most profitable category in the business. The company formulates products with a hig...

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