Birkenstock owner considers IPO at $9.7 billion-plus value

Birkenstock owner considers IPO at $9.7 billion-plus value
(Image: Bloomberg)
Bloomberg
By Eyk Henning and Crystal Tse L Catterton, the private equity firm backed by luxury French fashion house LVMH, is considering strategic options for Birkenstock including an initial public offering (IPO), according to people familiar with the matter.  The iconic German sandal maker could be valued at more than US$6 billion (NZ$9.7b) in an IPO, said one of the people, asking not to be identified because the details are private. The firm is working with advisers including Goldman Sachs Group Inc and JPMorgan Chase & Co on a pot...

More Bloomberg

Higher interest rates shattering housing dreams worldwide
Bloomberg

Higher interest rates shattering housing dreams worldwide

The end of the property boom is diminishing homeownership as a path to wealth.

Bloomberg 27 Nov 2023
We're raising a generation of prudes who want less sex
The Life Social trends

We're raising a generation of prudes who want less sex

A craving for PG-rated content is not just reasonable but also healthy for Gen Z.

Bloomberg 26 Nov 2023
American cricket’s (world) cup runneth over
Sport

American cricket’s (world) cup runneth over

The planet’s second-most popular sport is about to get a huge boost in the US.

Bloomberg 26 Nov 2023
Origin top investor rejects Brookfield’s ‘low-ball’ new bid
Bloomberg

Origin top investor rejects Brookfield’s ‘low-ball’ new bid

AustralianSuper says the offer is below its estimate of Origin’s long-term value.

Bloomberg 24 Nov 2023