Deals
Galderma Backers Exit $6.3 Billion Stake in Record Swiss Sale
A trio of Galderma Group AG shareholders exited their remaining 14.3% stake in the Swiss skincare company, in the largest ever overnight share sale in Switzerland.
The investors — which include buyout group EQT AB, Abu Dhabi Investment Authority and Auba Investment Pte. — sold 34 million existing shares and raised 4.89 billion Swiss francs ($6.28 billion), according to terms seen by Bloomberg.