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Puig acquires 50% of Isdin for 1.2 billion euros
Puig buys 50% of Isdin for 1.2 billion. Puig's shares fell 2.17% after the announcement. Analysts see growth opportunities in the sector.
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Jefferies believes Puig's current valuation represents an 'attractive entry point'. The company will publish its results on October 21, with 5% growth expected.
Puig buys 50% of Isdin for 1.2 billion. Puig's shares fell 2.17% after the announcement. Analysts see growth opportunities in the sector.
Prologis offers €16.4 billion for Segro, which is developing a logistics hub in Martorelles (Barcelona) for Isdin. The deal would create a sector giant.