Editor
It’s Puig’s time.
After months of speculation, the 110-year-old, family-owned conglomerate on Monday announced its plans for an initial public offering on the Spanish stock exchange. The company hopes to raise €1.25 billion ($1.3 billion), followed by a larger share sale that would bring the total fundraising north of €2.5 billion ($2.7 billion). It reportedly expects a valuation of €8 ($8.5 billion) to €10 billion ($10.7 billion),…
