Spanish Beauty Billionaires Seek IPO to Ward Off Succession Drama
The Puig family is taking its eponymous company public as the next generation won't be involved in the day-to-day running of the perfume maker.
The Puig family is taking its eponymous company public as the next generation won't be involved in the day-to-day running of the perfume maker.
The private equity industry is facing a reckoning — with borrowing costs high, valuations for portfolio companies falling, and investors getting more demanding. But as far as Permira’s top boss is concerned, things are pretty good.
Southwest Airlines Co. is slowing growth, ending service at four airports and offering voluntary leaves to address “significant challenges” stemming from reduced deliveries of Boeing Co. planes.
Nasdaq Inc.’s profit fell for the first time in a year as firms continue to wait for the economy to stabilize before going public.
Chanel’s chief executive officer defended the luxury brand’s pricing after it raised the cost of one of its best-known handbags to more than €10,000 ($10,725).
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