News Formal

Iconic Dr Martens to stomp into London stock market

  • 📰 fmtoday
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 72%

United States News News

United States United States Latest News,United States United States Headlines

The footwear brand's internet sales have boomed worldwide during coronavirus lockdowns. FMTNews

LONDON: Iconic British footwear brand Dr Martens on Monday took steps to launch on the London stock market, seven years after it was acquired by the private equity group Permira.

Permira, which bought Dr Martens for £300 million in early 2014, said it would sell down its stake under a flotation. Chief executive Kenny Wilson on Monday said the company was targeting “significant global growth potential” with the help of increased investment from a stock-market listing.

 

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

 /  🏆 5. in US

United States United States Latest News, United States United States Headlines

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

Dr Martens kicks off stock market debut with £3.7 bil valueThe company's internet sales have boomed worldwide during the coronavirus pandemic. FMTNews DrMartens
Source: fmtoday - 🏆 5. / 72 Read more »