News

Birkenstock valued at $9 billion

12/10/2023
Birkenstock valued at $9 billion

German footwear group Birkenstock priced its U.S. initial public offering (IPO) at the middle of its indicated price range at $46 per share, the company said on October 10, ahead of its first day of trading. The IPO raised around $1.48 billion based on 32.3 million shares sold and values the company at approximately $9.3 billion on a fully...

To continue reading this story, please sign in or register.