Birkenstock's largest shareholder, L Catterton, is selling 14 million shares in a secondary public offering, leading to a drop in the company's stock price. The offering raised $756 million, with shares priced at $54 each.
🇬🇧 Sale of Boots is shelved as shares plunge in US parent company https://t.co/kNwhIXH2dN
Birkenstock prices L Catterton entity's secondary offering at $54/share https://t.co/ePYJCv6G9Q https://t.co/8fXv21UNRS
Private equity firm L Catterton and a group of employees of Birkenstock raised $756 million from the sale of a block of shares of the US-traded footwear maker https://t.co/tTpKvkYmKU
Birkenstock stock down on share offering announcement https://t.co/nLyNdqJsTu https://t.co/0Zv8yuhfex
$BIRK (-5.0% pre) Birkenstock Holding (BIRK) Confirms Launch of 14M Share Secondary Offering - SI https://t.co/1vptj3Yx6t
🇺🇸 Birkenstock’s biggest shareholder is selling millions of shares, sending them lower https://t.co/Ttw1UxYF1K
Birkenstock $BIRK has announced a "secondary public offering" of 14 million shares by L Catterton, its largest shareholder. L Catterton, along with Birkenstock executives and employees, holds voting power over all shares being offered. They also plan to grant underwriters a…
Birkenstock’s biggest shareholder is selling millions of shares, sending them lower https://t.co/BHccFTTcLd