Birkenstock seeks valuation of up to $9.2 billion in planned IPO

Birkenstock Holding Ltd. set terms for its initial public offering on Monday with plans to offer 32.3 million shares priced at $44 to $49 each. The iconic...

Birkenstock Holding Ltd. set terms for its initial public offering on Monday with plans to offer 32.3 million shares priced at $44 to $49 each.

The iconic German maker of sandals and clogs BIRK, would raise $1.58 billion at the top of that range at a valuation of $9.2 billion. The company has applied to list on the New York Stock Exchange under the ticker “BIRK.” Goldman Sachs, JPMorgan and Morgan Stanley are lead underwriters in a team of 22 banks working on the deal.

For more, see: Birkenstock is going public: 5 things to know about the iconic German sandal maker’s IPO designs

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