Exclusive-Alo Yoga parent seeks investment at $10 billion valuation -sources

SaltWire's Atlantic regional weather forecast for October 30, 2023 | SaltWire - Alo Yoga's parent company is exploring a potential investment that could value the U.S. maker of celebrity-donned workout clothes at about $10 billion, according to people familiar with the matter.

The potential investors, which include private equity firms and sovereign wealth funds, have discussed structuring a deal so that they receive preferential returns or debt-like protections, the sources added. The company's bestsellers include $128 leggings and $108 sweatshirts. Alo has also expanded into footwear, beauty and wellness categories.

Österreich Neuesten Nachrichten, Österreich Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

FTX Transfers Over $10 Million Worth of SOL Tokens, Bearish Market Indicators for SolanaFTX, the infamous crypto exchange, has transferred more than 300,000 SOL tokens worth over $10 million, causing bearish market indicators for Solana.
Herkunft: CryptoAmb - 🏆 22. / 68 Weiterlesen »