MADRID: Cosmetics group Puig, which owns brands such as Carolina Herrera, Paco Rabanne and Charlotte Tilbury, announced plans to go public on Monday in one of Spain's largest initial public offerings in years.
The family-owned company aims to sell 1.25 billion euros ($1.35 billion) of new shares and an even larger amount of existing stock through the IPO, according to a deal term sheet seen by Reuters.
