News Formal

Birkenstock Targets $9.2 Billion Valuation. It’s Another Test for the IPO Market.

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 97%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

The premium footwear brand has priced its shares at between $44 and $49, and is aiming to raise up to $1.58 billion in its New York IPO.

Birkenstock, the German sandals maker, is seeking a valuation of up to $9.2 billion in its New York initial public offering.

The target valuation is greater than the $8 billion that Birkenstock was looking at last month, according to multiple reports. Goldman Sachs, JPMorgan, and Morgan Stanley are leading the banks on the deal.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Birkenstock Targets $9.2 Billion Valuation. It’s Another Test for the IPO Market.The premium footwear brand has priced its shares at between $44 and $49, and is aiming to raise up to $1.58 billion in its New York IPO.
Source: MarketWatch - 🏆 3. / 97 Read more »