Topline
German sandal giant Birkenstock said Monday it plans to price its upcoming New York initial public offering at $44 to $49 per share, also sharing that a member of one of the world’s wealthiest families will join its board upon its debut.
Key Facts
Birkenstock will raise up to $1.58 billion at a valuation of up to $9.2 billion at the target share price range, making it among the five largest IPOs of the last two years.
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