Markets
Charlotte Tilbury owner Puig to raise €2.5bn in Spanish IPO
Beauty group announced plans to list in Madrid in a filing on Monday, in what is expected to be the biggest flotation in the sector in years
Puig, the luxury beauty group that owns Charlotte Tilbury and Paco Rabanne, is preparing an initial public offering through which it aims to raise more than €2.5 billion.
The family-owned, Barcelona-based company announced its plans to list in Madrid and on other Spanish stock exchanges in a regulatory filing on Monday, in what is expected to be the biggest flotation in the sector in years.
Bankers have valued the business at between €8 billion and ...
