Singer Rihanna's lingerie company considering IPO at $4 billion valuation

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NEW YORK - Pop star and fashion entrepreneur Rihanna's Savage X Fenty lingerie company is preparing for an initial public offering (IPO) that could value it at US$3 billion (S$4 billion) or more, it was reported on Friday (March 11). Savage X Fenty is working with...

NEW YORK - Pop star and fashion entrepreneur Rihanna's Savage X Fenty lingerie company is preparing for an initial public offering that could value it at US$3 billion or more, it was reported on Friday .

A listing could happen this year, though Savage X Fenty had not made a final decision on an IPO or its timing, the sources indicated. Rihanna, who was born in Barbados, has produced a string of hit-filled albums. She was among the stars who attended the recent Paris Fashion Week.

 

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