Patrick Bousquet-Chavanne, group president of the Estée Lauder Companies (EL), is a front-runner to succeed Liz Claiborne (LIZ) CEO Paul Charron after he retires at the end of the year, The NY Post has learned.
The NY Times reports that the French insurance company, AXA, is in exclusive talks with Credit Suisse (CSR) to buy its Winterthur insurance division in a deal worth more than $8.12 bn.
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