USDT钱包伪造系统|【唯一TG:@heimifeng8】|长沙U币合法交易✨谷歌搜索留痕排名,史上最强SEO技术,20年谷歌SEO经验大佬✨German perfume retailer Douglas plans $1.2 billion IPO by March end

German perfume retailer Douglas plans $1.2 billion IPO by March endBy
Reuters Published
March 4,USDT钱包伪造系统 2025

German perfume retailer Douglas said on Monday it will pursue a 1.1 billion euro (about $1.2 billion) initial public offering (IPO) on the Frankfurt Stock Exchange, with the listing to be completed in the first quarter of 2025, subject to capital market conditions.


The IPO includes an additional equity injection of around 300 million euros from the current shareholders, the company said.

Its proceeds will be used to reduce debt, while remaining loans will be refinanced at better conditions, it said.

"The Douglas Group is ideally positioned to further capitalize on the large and resilient European premium beauty market," CEO Sander van der Laan said in a statement, calling an IPO the "logical next step" in the company's growth strategy.

The business, backed by CVC Capital Partners, will be the second listing in Germany this year if it goes ahead, following tank part manufacturer Renk's IPO at the start of February.

Alongside Douglas, there are least four other major IPOs pencilled in for the first half of the year, sources have told Reuters.

The prospective share sales come after a quiet two years for initial public offerings, as soaring debt costs and geopolitical uncertainty dampened sentiment towards new stock listings.
 

Innovation
Previous:2014浪琴表中国马术巡回赛香港赛马会杯广州总决赛明日开幕
next:揭秘为何体育总局仅授予广东9位马术骑手运动健将称号