Puig has revealed plans to apply for an IPO in Spain
said Monday morning it intends to float on the Spanish Stock Exchanges, ending months of rumors about whether it would go public.
The family-owned Spanish beauty and fashion company said it intends to apply for admission of the shares to the Barcelona, Madrid, Bilbao and Valencia Stock Exchanges and trading through the Automated Quotation System.’s 110-year history,” said Marc Puig, chairman and chief executive officer of Puig, in a statement.
“Additionally, we believe that becoming a publicly listed company will align our corporate structure with those of best-in-class, family-owned companies in the premium beauty sector globally, help us to attract and retain talent, and support the growth strategy of our brands and portfolio,” Puig said.. We use vendors that may also process your information to help provide our services.
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