Puig, a prominent Spanish fragrance company, has successfully set the price for its initial public offering (IPO) at the top of the marketed range, achieving a valuation of €14 billion. This IPO, involving the sale of shares priced at the upper end of the range, has become Europe's largest listing for the year. The IPO was notably oversubscribed, indicating strong investor interest. Members of the Puig dynasty, who have managed the company for over 110 years, are among the largest individual beneficiaries of this public offering. The company, which owns esteemed brands such as Jean Paul Gaultier and Rabanne, raised €2.6 billion through this transaction.
Spain's Puig prices shares at top of range in oversubscribed IPO https://t.co/IZCUAC5X9l https://t.co/p4iyRxAynl
Jean Paul Gaultier Owner Puig Brands Prices IPO at Upper End of Range https://t.co/SvEqfmVFej
Puig, the owner of brands including Rabanne and Jean Paul Gaultier and its founding family raised €2.6 billion in Europe’s biggest IPO so far this year. https://t.co/LUkxBCBovn
Members of the 110-year-old Puig dynasty are poised to be the biggest individual winners in Europe’s largest listing this year https://t.co/sawt0SABd8
Hormel-sized. The American Eater Wins Again Puig aims for top-of-the-range €14bn valuation at IPO https://t.co/Qd1M4Tr3rT
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Puig set to launch IPO at top of price range in Europe’s top public float this year https://t.co/WvoSk0iZhh
Puig Brands and the Spanish fragrance company’s founding family set the price for an IPO at the top of a marketed range, in Europe’s biggest listing so far this year https://t.co/3yr975AkGU
Puig is going to be a rocket ship IPO, for all the people asking me abt the brands
Spanish fashion house Puig is set to go public in Europe's largest offering of the year. https://t.co/6D5iUynpKy