Blockbuster deal – Birkenstock plans to announce IPO this week

2023-09-10 16:13:14

Birkenstock-Sandalen

German shoe maker Birkenstock could officially announce its IPO in New York this week.

(Photo: dpa)

Düsseldorf, Frankfurt One year after the Porsche IPO, the next mega new issue from a world-famous brand from Germany is getting closer. According to financial circles, Birkenstock, the manufacturer of sandals and other consumer goods (beds, cosmetics), plans to officially announce its planned debut this week – by filing with the US Securities and Exchange Commission (SEC). The price range and final prospectus will be announced around three weeks later. The first day of trading on the New York Stock Exchange (Nyse) is planned for the week starting October 9th, it said. However, the exact timing could be pushed back somewhat depending on the state of the capital markets. Birkenstock and the company’s owners declined to comment.

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