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Stilettos, sneakers and Doc Martens are creating ultra-wealth
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Footwear is not only about comfort as Birkenstock, Doc Marten sales fetch billions for owners
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Trustpilot Seeks $1.4 Billion Valuation With Listing in London
Swetha Gopinath, Bloomberg News uk.trustpilot.com Source: uk.trustpilot.com/Bloomberg , Source: uk.trustpilot.com/Bloomberg
(Bloomberg) Trustpilot Group Plc, a Denmark-based online platform for consumer reviews, is seeking an enterprise value of as much as $1.4 billion in the first initial public offering of a company from the European Union in London since Brexit.
Funds including BlackRock, FIL Investments International, Caledonia, Capital Research, Adelphi Capital and Janus Henderson have each entered into cornerstone agreements with the company and certain shareholders to collectively take up $240 million of the offering at the IPO price, the company said Monday.
Jan-Henrik Förster and Daniele Lepido, Bloomberg News Sandals in the window display of a Birkenstock GmbH footwear store in Berlin, on Jan. 19. Photographer: Liesa Johannssen-Koppitz/Bloomberg , Bloomberg
(Bloomberg) Iconic family-controlled brands from Panini SpA to Birkenstock are putting themselves on the block, as their wealthy owners look to capitalize on surging valuations for consumer companies.
Panini, maker of the popular soccer stickers collected and traded by fans around the world, is weighing a potential sale, according to people familiar with the matter. The Italian publishing house has drawn interest from suitors including buyout firms, the people said, asking not to be identified discussing confidential information.
Moonpig Soars After $672 Million IPO Amid Online Retail Boom
Bloomberg 2/2/2021 Swetha Gopinath © Bloomberg A Moonpig logo on a mobile phone arranged in London, U.K., on Thursday, Jan. 21, 2021. Moonpig Group Plc said it intends to list in London, buoyed by an acceleration in online shopping amid the coronavirus pandemic.
(Bloomberg) Moonpig Group Plc soared in its London trading debut after the online greeting-card company and its shareholders raised 491 million pounds ($672 million) in an initial public offering, tapping investor demand for businesses benefiting from coronavirus-related lockdowns.
The shares closed at 410 pence, 17% above the IPO price of 350 pence, after rising to as high as 450 pence.
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