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Puig to buy Esteve’s ISDIN 50% stake for €1.20 billion

Puig Brands said it agreed to buy Esteve’s remaining 50% stake in ISDIN in a €1.20 billion deal, giving Puig full ownership of the dermatology skin-care brand.

PUIG

41 billion) deal, giving the Spanish beauty group full ownership of the brand and strengthening its position in dermatology-linked skin care.