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Home > News > Cosmetics Industry News > Galderma backers sell $1.45 billion worth of shares

Galderma backers sell $1.45 billion worth of shares

ECHEMI 2024-11-27

Major shareholders of Swiss skincare giant Galderma Group AG, including EQT AB, Abu Dhabi Investment Authority (ADIA) and Auba Investment Pte, are selling a 6.7% stake worth about CHF1.28 billion ($1.45 billion)

 

The offering, priced at CHF80 per share, has been increased to 16 million shares following strong investor demand, with subscriptions reaching multiples of existing shares.

 

The additional offering reflects the market's confidence in Galderma's growth trajectory and growing interest in premium skincare investments.

Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.

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