Puig Sets IPO Price Guidance at €24.50 per Share, Top of Range

Puig Brands SA and the Spanish fragrance company’s founding family set the price for an initial public offering at the top of a marketed range, in Europe’s biggest listing so far this year.

The Barcelona-based firm set the range at €24.50 per share, according to terms seen by Bloomberg News. The shares were marketed at €22 to €24.5 each.

Puig’s IPO builds on a broad revival in first-time share sales in Europe this year, following Galderma Group AG’s $2.3 billion offering in Switzerland and CVC Capital Partners Plc’ $2.15 billion IPO. Companies in the region have raised about ...