21/03/2024 10:10 (UTC)

Douglas opens trading with slight losses on Frankfurt Stock Exchange

Berlin (Germany), Mar 21 (EFE) - (Camera: José Manzaneque Carrasco). - The perfume chain Douglas has reached a first price on the Frankfurt Stock Exchange of 25.5 euros, below the 26 euros set in the framework of the public offering (IPO) of 890 million by which it has returned to the German stock exchange.

The company has returned to trading this Thursday on the market, from which it exited in 2013, with the issuance of almost 31.7 million new shares, which are added to the existing 1.5 million, so 34.2 million shares have been placed.

FOOTAGE OF A SHOP OF THE DOUGLAS PERFUMERY CHAIN IN THE CITY OF BERLIN.

Metadata

Date: 21/03/2024 10:07 (UTC)
Credit: EFE
Source: EFE
Topic: Economy, business and finance » Market and exchange
Economy, business and finance
Type: Rough cut
Duration: 133 seconds
Reference: 7001347403
Relevance: Normal