Reported 6 months ago
Golden Goose Group SpA, a luxury sneaker brand, is commencing an initial public offering in Milan projected to be Italy's most significant listing in more than a year, reflecting a resurgence in Europe's equity capital markets. The company aims to raise €100 million from new share sales and existing stock sales by private equity firm Permira, potentially valuing Golden Goose at around €3 billion with net debt. The IPO comes amidst a recovering market that has seen increased stock market listings and proceeds, although some companies have postponed listings due to valuation concerns.
Source: YAHOO