Spain's Puig Sets IPO Price Guidance at Top of Range [Yahoo! Finance]
CAIXABANK SA UNSP/ADR (CAIXY)
NASDAQ:AMEX Investor Relations:
caixabank.com/inversoresinstitucionales_en.html
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Source: Yahoo! Finance
Most Read from Bloomberg Musk Makes Surprise China Visit in Search of Tesla Revenue Boost Elliott Built ‘Large' Stake in Buffett-Favored Sumitomo, Source Says Musk Leaves China With Tesla Driving Software Hurdles Cleared Yen Watchers Ask When Japan Will Step In as Slide Accelerates Yen Rebounds Strongly After First Slide Past 160 Since 1990 The Barcelona-based firm set the price guidance at €24.50 per share, according to terms seen by Bloomberg News, giving the company an implied market value of €13.9 billion ($14.9 billion). The price compares with a previous range of €22 to €24.5. The IPO is expected to raise as much as €2.6 billion. Puig builds on a broad revival in European IPOs this year following Galderma Group AG's $2.3 billion offering in Switzerland and CVC Capital Partners Plc's $2.15 billion IPO. Companies in the region have raised about $8.6 billion in the year to date, more than twice as much as in the same period in 2023, according to data compiled by Bloo
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