08 Apr 2024 --- Today, Spanish company Puig announces plans to go public, making it one of Spain’s largest initial public offerings (IPO) in years. The family-owned company will proceed with the IPO of its class B shares. According to a release, the luxury cosmetics group aims to raise €1.25 billion (US$1.35 billion) in a primary offering, followed by a more significant amount of existing stock through the IPO. According to reports, the group sale might bring in over €2.5 billion (US$2.7 billion).
