The IPO is another high-profile listing for the New York Stock Exchange.
October 11, 2023 at 11:43 AM
3 minute read
Reporter
The two largest law firms in the world by revenue, Kirkland & Ellis and Latham & Watkins, are advising on German shoe brand Birkenstock’s initial public offering on the New York Stock Exchange—reportedly one of the biggest IPOs of the year.
Birkenstock, the Rhineland-founded shoe brand best known for its comfortable, cork-soled sandals, enjoyed its first day of trading on Wednesday. It priced its IPO at $46 a share, giving it a total value of $8.6 billion.
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