Tuesday, September 26, 2023
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Puig Eyes Inventory Market Entry

THE WHAT?   Puig, a number one Spanish cosmetics conglomerate, is reportedly in discussions with funding giants Goldman Sachs and JPMorgan, in search of recommendation on a possible inventory market debut.

THE DETAILS  With a legacy of possession over iconic manufacturers like Carolina Herrera, Paco Rabane, and Charlotte Tilbury, the family-owned Puig group’s valuation would possibly soar as much as 8 billion euros ($8.6 billion), as prompt by a current article within the Spanish newspaper, Enlargement.

THE WHY?  Whereas each Puig and JPMorgan selected to stay tight-lipped on the matter, Goldman Sachs has but to deal with the hypothesis.



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