German Sandal Maker Birkenstock Targets $9.2 Billion Valuation in New York IPO
Birkenstock, a German premium footwear brand sponsored by the private-equity firm L Catterton, announced on Monday that it will seek a valuation of up to $9.2 billion in its highly anticipated initial public offering (IPO) in New York. According to a filing with the U.S. Securities and Exchange Commission, the company and its selling stockholders…