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Spain s Fashion And Beauty Group Puig Poised For IPO

Spain s Fashion And Beauty Group Puig Poised For IPO
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Shares in Spain s beauty group Puig rise on market debut

Shares in Spain s beauty group Puig rise on market debut
gjsentinel.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gjsentinel.com Daily Mail and Mail on Sunday newspapers.

Shares In Spains Beauty Group Puig Rise On Market Debut

Shares in Spanish fashion and beauty group Puig, owner of the iconic Nina Ricci, Paco Rabanne and Jean-Paul Gaultier labels, rose Friday on their trading debut following one of Europes largest initial public offering of the year

Spain s Fashion and Beauty Group Puig Poised for IPO

The iconic Nina Ricci, Paco Rabanne and Jean-Paul Gaultier labels make their market debut Friday as Spanish fashion and beauty group Puig begins trading on the Madrid stock exchange. For the family-owned Puig Group, which has expanded rapidly into luxury goods, going public is a big step which will allow it to compete with the giants of the sector such as Estee Lauder, Hermes, Kering and LVMH. The move "is a decisive step in Puig's 110-year history," chairman and CEO Marc Puig said last month, emphasizing the firm's "long-term approach".

Puig opens on stock exchange this Friday with €24 5/share placement price, discount of 15 6% compared to sector average

Bankinter: Trading starts this Friday at 12.00h. The placement price has been €24.5/share. The group, valued at €14,000 M, has placed 32% of its capital among

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