Brief: Puig To Own All Of ISDIN After €1.20 Bln Deal With Esteve
14/09/2026 16:56
BRIEF-Puig To Own All Of ISDIN After €1.20 Bln Deal With Esteve Sept 14 (Reuters) - Puig Brands, S.A. PUIGb.MC:
SIGNS AGREEMENT TO BUY 50% OF ISDIN FROM ESTEVE
TO OWN 100% OF ISDIN AFTER DEAL COMPLETION
DEAL VALUED AT €1.20 BILLION FIXED PRICE
€900 MILLION TO BE PAID AT DEAL CLOSING
€300 MILLION DEFERRED PAYMENT TO BE MADE IN Q1 2029
DEAL EXPECTED TO CLOSE BY END OF Q1 2027 SUBJECT TO REGULATORY APPROVALS
NET FINANCIAL DEBT/ADJUSTED EBITDA NOT TO EXCEED 2.0X POST DEAL
Source text
Further company coverage: [PUIGb.MC]
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