Stock Market News
L Catterton considering IPO for Birkenstock at $6 billion- Bloomberg News
2023.07.06 17:07
© Reuters. FILE PHOTO: A pair of shoes is pictured in a window of a Birkenstock footwear store in Berlin, Germany, January 21, 2021. REUTERS/Fabrizio Bensch/File Photo
(Reuters) – L Catterton, a private equity firm backed by LVMH, is considering strategic options for Birkenstock including an initial public offering which could value the German sandal maker at $6 billion, Bloomberg News reported on Thursday.