Por: ABC News Business October 11, 2023
NEW YORK -- Birkenstock has set a price for its initial public offering of stock that values the 249-year-old German maker of upmarket sandals at $8.64 billion.The company said Tuesday that it had priced its IPO at $46 a share, in the middle of its expected price range of $44 to $49 per share. It is due to start trading Wednesday on the New York Stock Exchange under the “BIRK” ticker symbol. Birkenstock Holding Ltd. sold about 10.8 million... + full article
MarketWatch USA Business October 11, 2023
The German shoe maker expected to price its IPO between $44 and $49 a share, according to documents filed last week. At $46 a share, it raises $1.5 billion and has a market value of $8.6 billion, not counting shares for employees and executives. On Sunday, Reuters reported... + más
Birkenstock shoes in hospitals, on runways and in 'Barbie' | Fox Business
Birkenstock Stock IPO Looks Richly Priced at Over 35 Times Earnings | MarketWatch
It could be a hot deal, after pricing Tuesday night at $46 a share. Lead underwriters are (ticker: GS), (MS), and (JPM). How rich is it? The company would be valued at about 37 times earnings, Barron’s estimates. By contrast, (DECK), the maker of Uggs and Hoka shoes, trades at... + más
Birkenstock Prices IPO at $46, Giving Company an $8.6 Billion Value | MarketWatch
Fox Business USA Business October 09, 2023
FOX Business hosts Charles Payne and Lisa Kennedy react to President Biden's United Nations speech 'Making Money.' Birkenstock has seen increases in the popularity of its brand over the years, with its various shoe styles appearing in places ranging from hospitals... + más
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MarketWatch USA Business September 13, 2023
But the deal will be underwritten by a team of 19 banks, led by Goldman Sachs, JPMorgan and Morgan Stanley, suggesting it will be a substantial one. Birkenstock has been in business for about 250 years and prides itself on its technology and tradition, with the prospectus... + más
How will Birkenstocks fare after its billion-dollar bet to go public? | New York Post
New York Post USA Opinion September 09, 2023
As a youngster in the 1980s, I eagerly awaited the summer season, when our unglamorous resort town in eastern Greece would be inundated by hordes of tourists clad in Birkenstocks. The Germans would always pair them with a pair of white socks, while the French would go... + más
These Birkenstocks dupes are on sale for $35 at Kohl’s | WPTV
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Vanity Fair USA Entertainment May 24, 2023
-kufPGa jPgqnR body body container article body data-journey-hook=client-content data-testid=BodyWrapper>Do you remember your first pair of Birkenstocks? Whether you first slid your feet into the contoured footbed while watching an episode of Saved by the Bell after school or... + más
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Forbes USA Business March 27, 2023
Light Bulbs Concept Shining ETHICS, RESPECT, HONESTY and INTEGRITYgetty Previously, I wrote on in some detail, but did not go into the duties the Trustee of a Trust owes to the Trust’s beneficiary. To summarize, a Trust is an agreement written by the owner of the property,... + más
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