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Spanish Cosmetics Group Puig Hires Goldman Sachs, JPMorgan for IPO

Spanish Cosmetics Group Puig Hires Goldman Sachs, JPMorgan for IPO

Spanish cosmetics group Puig has hired investment banks Goldman Sachs and JPMorgan as advisers for a possible stock market listing, a source close to the matter told Reuters.

The family-owned company, which owns brands such as Carolina Herrera, Paco Rabanne and Charlotte Tilbury, could be worth as much as €8 billion ($8.6 billion), according to a report by the Spanish newspaper Expansion earlier on Thursday.

Puig and JPMorgan declined to…


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