Sneaker maker Golden Goose aims to list in Milan in June


MILAN (Reuters) – Italian luxury sneaker brand Golden Goose said on Thursday it aims to list on Milan’s Euronext in June.
MILAN (Reuters) – Italian luxury sneaker brand Golden Goose said on Thursday it aims to list on Milan’s Euronext in June.
The offer will consist of 100 million euros ($107.92 million) of new shares and existing shares, to reach a free float equal to at least 25% of the outstanding share capital.
Golden Goose, which was valued at 1.3 billion euros when it was acquired by private equity firm Permira in 2020, said the final structure of the offer would be communicated prior to its launch.
($1 = 0.9266 euros)
(Reporting by Elisa Anzolin, editing by Alvise Armellini)
An Initial Public Offering (IPO) is the process through which a private company offers shares to the public for the first time, allowing it to raise capital from public investors.
Equity represents ownership in a company, typically in the form of shares. It signifies the value of an ownership interest in a business.
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