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Stock impact report

Rabanne Owner Puig, Shareholders Raise €2.6 Billion in IPO [Yahoo! Finance]

CAIXABANK SA UNSP/ADR (CAIXY) 
Company Research Source: Yahoo! Finance
Most Read from Bloomberg HSBC CEO Quinn Unexpectedly Steps Down After Almost 5 Years Tesla Soars on Tentative China Approval for Driving System Stocks Trade for 390 Minutes a Day. Increasingly, Only 10 Matter Binance and CZ's Fortunes Are Set to Grow, Jail or no Jail Cocoa Price Swings Show How Liquidity Crunch Fuels Wild Trading The Barcelona-based firm and its shareholders sold 106.5 million shares at €24.50 apiece, according to a statement confirming an earlier report by Bloomberg News. The price compares with a previous range of €22 to €24.50. At the IPO price, Puig has a market value of €13.9 billion, according to the statement. The listing drew orders for multiple times the number of shares available. The listing of Puig, a company founded over a century ago, is contributing to a broad resurgence of European initial public offerings this year, following Galderma Group AG's $2.3 billion offering in Switzerland and CVC Capital Partners Plc's $2.15 billion IPO. Col Show less Read more
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