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Sneaker maker Golden Goose aims to list in Milan in June

by Staff GBAF Publications Ltd
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2024 05 30T065435Z 1 LYNXMPEK4T07Z RTROPTP 4 GOLDEN GOOSE IPO scaled

Sneaker maker Golden Goose aims to list in Milan in June

MILAN (Reuters) – Italian luxury sneaker brand Golden Goose said on Thursday it aims to list on Milan’s Euronext in June.

The offer will consist of 100 million euros ($107.92 million) of new shares and existing shares, to reach a free float equal to at least 25% of the outstanding share capital.

Golden Goose, which was valued at 1.3 billion euros when it was acquired by private equity firm Permira in 2020, said the final structure of the offer would be communicated prior to its launch.

($1 = 0.9266 euros)

 

(Reporting by Elisa Anzolin, editing by Alvise Armellini)