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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.
Puig and Inditex lead the Ibex 35 gains in a sector rotation day, with banking support and technology under pressure over AI doubts.