Skincare firm Galderma sets terms for $2.6B IPO, Europe's largest since Porsche AG in 2022.
Skincare firm Galderma sets terms for $2.6B IPO, marking Europe's largest listing since Porsche AG in 2022. The EQT AB-backed company is marketing shares at 49-53 Swiss francs apiece, with trading set to begin on March 22. Galderma's implied market capitalization could be up to 12.6 billion Swiss francs, and the company aims to raise nearly 2 billion francs to strengthen its balance sheet and pay down debt.
March 13, 2024
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