Puig has chosen to set the IPO price at 24.50 euros per share, and its first offering will be next Friday, at the high end of the specified range, which went from 22.00 euros to 24.50, meaning a total valuation for the company of 13.900 euros. One million euros, according to Bloomberg. The debut of the multinational cosmetics, perfume and fashion family will be the biggest fall on the stock market this year after the desert of 2023. The valuation achieved by the owner of brands such as Jean Paul Gaultier, Carolina Herrera, Charlotte Tilbury or Rabanne will take him straight to Ibex, with higher capitalization values, perhaps. When the index is revised at the end of the year, according to analysts.
The company, which is 110 years old and controlled by four branches of the family (Puig Gouache, Puig Roca and two Puig Alsina branches, a total of 14 cousins, who are grandchildren of the founder), will go ahead with this leap, one of the most important companies in its history. , and other Catalan companies controlled by their relatives who also, in their day, chose variable income markets.
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