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Beauty Tech Group has successfully completed its IPO. This funding aims to support growth in the at-home beauty devices market.
Amount Raised
£300 Million
Description
Beauty Tech Group's IPO funding round has resulted in a £300m valuation, with shares priced at 271p each. The company raised £29 million through freshly issued shares to ensure it remains debt-free and has sufficient working capital. This move is part of the group's strategy to capitalize on the growing at-home beauty devices market, projected to reach up to £12 billion globally. Shares will begin trading unconditionally next week.
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