Business
Dr Martens steps on to London Stock Exchange with $6.6 billion valuation – NEWS.com.au
Dr Martens valued at $6.6 billion on London Stock Exchange as it looks to expand even further
Dr Martens boots, famous for their distinctive yellow stitching and air-cushioned soles, are stepping on to the stock market for the first time with a valuation of £3.7 billion ($A6.6 billion).Starting on Wednesday, it will sell shares publicly on the London Stock Exchange with around 35 per cent of the business — or 403 million shares — available for investors to buy and sell from private equity group Permira. It bought Dr Martens seven years ago for £300 million ($A539 million) and owns about…
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