Luxury sneaker maker Golden Goose Group SpA postponed its €595.7m IPO due to European political uncertainties.

Luxury sneaker maker Golden Goose Group SpA, backed by Permira, postponed its initial public offering (IPO) due to a drop in luxury stock valuations resulting from political uncertainties in Europe. The IPO, set to raise up to €595.7m and value the company at €1.7bn, was led by Bank of America Corp., JPMorgan Chase & Co., Mediobanca SpA, and UBS Group AG. The shares were scheduled to start trading on June 21.

June 18, 2024
5 Articles