Douglas is looking to return to the stock market and primarily use the proceeds to reduce its debt. It is aiming for equity inflows of €1.1 billion. Its owners, the financial investor CVC and the Kreke family, are looking to contribute around €300 million. CVC will continue to hold an indirect majority in Douglas after the IPO and the Kreke family will also remain indirectly involved. Both existing shareholders would not sell any shares in the IPO. The final structure is still to be determined.