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Dr Martens Plans London IPO After 60 Years Making Its Iconic Boots
Mon, 11th Jan 2021 09:21
(Alliance News) - British footwear brand Dr Martens on Monday announced plans for an initial public offering on the London Main Market.
The IPO will involve the sale of existing shares by IngreLux and other shareholders and won t see any new shares issued or funds raised by the company. IngreLux is a Luxembourg company owned by funds advised by Permira. It bought Dr Martens in 2014.
Dr Martens is considering applying for a premium listing on the London Stock Exchange s main market so that it can be included in FTSE indices, and has appointed a who s who of investment banks to conduct the float.