Vinted mulls £174m share sale

Vinted app (2)

Lithuanian online marketplace Vinted is reportedly in talks about a sale of shares that could be worth more than €200m (£174m) in its bid to lead the sustainable fashion boom.

Vinted is working with Morgan Stanley to “consider options for its capital structure ahead of a potential initial public offering”, as reported by the Financial Times.

Sources familiar with the matter said that the marketplace is “debating all options”, including the option to sell new shares as well as existing ones, according to the newspaper.

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