Shoe giant has a market value of $8.64 billion
Birkenstock Holding and its private equity owner priced shares in the footwear maker’s initial public offering toward the middle of a marketed range to raise $1.48 billion .
In a fourth big test of the US IPO market in a month, the German company and L Catterton sold about 32 million shares on Tuesday for $46 each after marketing them for $44 to $49, according to a statement.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Birkenstock: from German village to Barbie blockbusterWhen actress Margot Robbie swapped high heels for pink Birkenstocks in the hit summer movie 'Barbie,' it illustrated how the sandals have transformed from unglamorous, practical footwear to a highly-coveted fashion item.
Read more »
Budget 2024: Price of cigarettes goes up as Government announces new tax on e-cigarettesThe Government have announced that the price of cigarettes will increase by 75c per pack as part of the 2024 Budget, bringing the price up to €16.75.
Read more »
‘Game changer’ Revlon One-Step hair dryer is half price at only €35If you don’t want to fork over hundreds for the Dyson Airwrap, you can grab the Revlon One-Step hair dryer and volumiser which is the viral tool for your hair
Read more »
Half-price fares extended in budget up to 26th birthdayBudget 2024: Transport budget to expand use of electric buses and trains, while €937m is allocated for road maintenance
Read more »
PR firm Powerscourt Group nears sale to US firmPrice tag could reach as high as £50m, according to reports
Read more »