-- Birkenstock Holding Ltd. set terms for an initial public offering that could raise as much as $1.6 billion, pushing ahead with the latest major test of demand for new listings.Aging Trees Show a Crisis Looms for the World’s Everything Oil
Birkenstock plans to use proceeds from the offering to repay debt. Bloomberg News reported last week that Birkenstock was preparing to kick off its road show in the major test of demand for new listings. It’s tentatively planning to price the offering Oct. 10 and start trading Oct. 11, people with knowledge of the matter have said.
The offering is being arranged by banks including Goldman Sachs Group Inc., JPMorgan Chase & Co. and Morgan Stanley. Birkenstock plans to list its shares on the New York Stock Exchange under the symbol BIRK.I’m a Self-Made Millionaire: Here Are 5 Stocks I’m Never Selling I’m a Financial Planning Expert: Here Are 5 Things You Should Never Spend Money on If You Want To Be Rich
Although it's easy to blame our money woes on outside economic forces, healthy personal finances are governed by motivation and mindset. Fixing your current situation means taking responsibility about... -- The third quarter was a story of dashed hopes in emerging markets, with the unraveling of some of the most profitable trades in the asset class.