Loading...
Market
Puig Stock Price Doubling in First Year of Trading?
4
Resolution / Starting Odds
Yes • 50%
No • 50%
Stock market data and financial news reports.
Story
Puig Sets IPO Price at Top Range, Achieves €14bn Valuation in Europe's Largest Listing
Apr 30, 2024, 08:16 PM
Puig, a prominent Spanish fragrance company, has successfully set the price for its initial public offering (IPO) at the top of the marketed range, achieving a valuation of €14 billion. This IPO, involving the sale of shares priced at the upper end of the range, has become Europe's largest listing for the year. The IPO was notably oversubscribed, indicating strong investor interest. Members of the Puig dynasty, who have managed the company for over 110 years, are among the largest individual beneficiaries of this public offering. The company, which owns esteemed brands such as Jean Paul Gaultier and Rabanne, raised €2.6 billion through this transaction.
View original story
Similar markets
Puig Brands' stock price will double by the end of 2024 • 50%
Puig Brands' stock price will not double by the end of 2024 • 50%
Puig Brands' valuation will increase by the end of 2024 • 50%
Puig Brands' valuation will not increase by the end of 2024 • 50%
Top performer • 33%
Average performer • 34%
Below average performer • 33%
Cosmetics • 25%
Fragrances • 25%
Skincare • 25%
Fashion and accessories • 25%
Puig Brands will gain significant market share in the fragrance industry by mid-2025 • 50%
Puig Brands will not gain significant market share in the fragrance industry by mid-2025 • 50%
Jean Paul Gaultier shows significant sales growth • 25%
Paco Rabanne gains new market segments • 25%
Carolina Herrera expands its product offerings • 25%
No significant change in flagship brands' performance • 25%
Acquisition of another luxury brand • 33%
Expansion into new geographical markets • 33%
Launch of new product lines • 34%
