Deals

EQT Proceeding With IPO Plans for Skincare Business Galderma

  • PE firm has made no final decision on timing of Galderma IPO
  • EQT could bring in financial investor ahead of listing
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EQT AB continues to ready skincare business Galderma for one of Europe’s largest initial public offerings this year, even as the deepening conflict in Ukraine creates a far more complicated route to market for many companies.

The Swedish investment firm hasn’t made any decisions on the timing of any listing of the former Nestle SA unit, Michael Bauer, partner and global co-head of health care at EQT, said in a email.