Hints and tips:
Related Special Reports
...Private-equity owned Douglas had priced its 32.7mn new shares at €26 at the bottom of the price range, while the first market price on Thursday morning was announced at €25.50....
...“Oh my God,” says Douglas, who has also noticed the price....
...On Monday evening, German beauty products retailer Douglas announced a price range for its up-to €907mn IPO. For buyout giant CVC, this offering marks an investment milestone....
...Major technology stocks, which have powered much of the S&P 500’s advance over the past year, may prove more resilient than some other companies to the impact on the price of US firms’ goods and services...
...The lead banks — including Goldman Sachs, Citigroup and Deutsche Bank — tried everything to lift the price, announcing within hours of launch that the offering was oversubscribed....
...The UK and EU are both developing live share trading databases to bundle together basic trading information such as prices and deal sizes....
...Given the SFr390,000 ($449,900) price, few event organisers would consider Genta’s offering anything less than serious, these days....
...Private equity-owned Douglas, which raised €850mn, had priced its 32.7mn new shares at €26, at the bottom of the price range....
...Its strong start to 2024 has caught out many analysts, who expected economic worries to depress prices....
...But while Rolls-Royce may have trounced Novo Nordisk in annual share price gains, the pharma giant — riding high on its drugs for obesity — retains bragging rights when it comes to size....
...Investors “recognise there’s been significant reforms in the investment climate”, said Douglas Ramage, managing director at consultancy Bower Group Asia in Jakarta....
...prices....
...However, recent beauty IPOs have not been easy, with the market debut of German perfume retailer Douglas flopping in March, with shares still trading below their initial listing price....
...Mobico is the second-largest operator in North Rhine-Westphalia and one of the top five operators in Germany, but its business there has been affected by driver shortages and volatility in energy prices....
...Deals for beauty companies that cater to higher-spending consumers fetched substantial price tags last year despite the more subdued global dealmaking environment....
...After five years of ownership, CVC still owned Douglas when the pandemic hit....
...She has built Specsavers into a £3bn chain over the past four decades, selling spectacles and carrying out eye tests in 11 countries, alongside her husband, Douglas....
...In March the flotation of private equity-backed beauty retailer Douglas in Germany was hailed as a “sigh of relief” by bankers, but its shares are trading about 16 per cent below its offer price....
...Markets are anticipating a “substantial” earnings drop, notes Liberum’s Gerald Khoo. There are several good reasons, though, to suggest some of that scepticism is overdone....
...Hence the decline in Douglas’s share price. Shares in US-listed Ulta and e.l.f. have also suffered. Despite this, Puig’s mooted valuation looks achievable....
...German beauty retailer Douglas staged an initial public offering in March, though its shares have not fared well since....
...Along with striking a co-brand deal with CVS to offer Hyrimoz at a discounted price of $1,315 a month, Sandoz has a higher list price version of the biosimilar, priced similarly to Humira at more than $6,000...
...The European IPO window is inching open with some difficulty, if the slump of Germany’s Douglas on its stock market return is any indication....
...Shares in Spanish beauty group Puig erased their early gains in trading to close flat at their offer price of €24.50, providing a muted debut for Europe’s largest initial public offering this year.The Barcelona-based...
...“What people didn’t realise is that you would have an enormous exit from Grayscale,” said Douglas Comin, a senior crypto options trader at XBTO....
International Edition