On May 4th, the Spanish economic newspaper “Expansión” exclusively reported that Puig, the Spanish fashion, fragrance, and cosmetics group, is restructuring its corporate architecture and integrating all of its businesses under the public limited company (PLC) Puig Brands SA. This restructuring move suggests that Puig may be preparing for an initial public offering (IPO) in the future.
“Expansión” added that Puig’s previous parent company was a limited liability company and therefore could not go public. As part of the restructuring, the public limited co …
