Birkenstock to launch IPO in the US

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German footwear retailer Birkenstock has reportedly filed for an initial public offering (IPO) on the New York Stock Exchange following months of speculation.

Sources familiar with the matter said that Birkenstock’s private equity owner L Catterton had plans to list from October, 9, after it filed a confidential prospectus to regulators earlier this year.

While the expected range of the share price was not included in the filing, it is anticipated that the retailer could value at more than $8bn (£6.26bn).

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