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Puig Brands to buy Esteve’s 50% ISDIN stake for €1.20 billion

Verifying
  • Puig Brands agreed to acquire Esteve’s 50% stake in ISDIN.
  • €900 million is payable at closing, with €300 million deferred to Q1 2029.
  • The transaction is expected to close by Q1 2027, subject to regulatory approvals.
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