Major shareholders of Swiss skincare leader Galderma Group AG, including EQT AB, the Abu Dhabi Investment Authority (ADIA), and Auba Investment Pte, are offloading a 6.7% stake in the company, valued at around 1.28 billion Swiss francs (approximately US$1.45 billion).
The offering, priced at 80 Swiss francs per share, has been increased to 16 million shares due to strong investor interest, which led to the shares being oversubscribed multiple times.
This upsized offering highlights growing confidence in Galderma’s future growth and the rising demand for high-end skincare investments.
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