Puig tantalises the entry of the investment arm of la Caixa in its stock market flotation

Prices per share will range from 22 to 24.50 euros and the IPO will take place on 3 May

22 of April of 2024
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Puig
Puig

The Puig case continues and the rumours continue. As reported by media outlets such as La Vanguardia and the Europa Press news agency, Criteria plans to take a stake in the Catalan cosmetics group Puig when it is floated on the stock market on 3 May. 

Europa Press has explained that despite this interest, it is not yet known what percentage it could take in the group. The sources consulted by Europa Press have explained that all of Puig's institutional investors are currently evaluating the operation in depth and in detail. As the news agency explains, the order book has already been oversubscribed, after it was opened early last Friday by the underwriters. 

La Vanguardia' has been able to contact sources close to the operation, the investment arm of La Caixa will go to the offer to take a "relevant" participation in the cosmetics company.

Puig revealed last week when the definitive date for the IPO would be: May 3. Puig said last week that the price per share would be between €22 and €24.50 and the final value will be published on the last day of April. This will allow the company to raise between €12.7 billion and €13.9 billion on the stock market.