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Article Date: April 2021
Word Count: 134

On Footwear Reported to be Planning IPO


The Swiss sneaker brand is contemplating an initial public stock offering in the U.S. as early as this fall, Reuters reported, citing a source close to the matter. The company, which is endorsed by Roger Federer who also holds an equity stake, will likely be valued at $4-$6 billion. That’s about half of Under Armour’s current market cap, by way of comparison. On has been extremely tight-lipped ... Log in to view full article.

 


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