Renk Plans 1.8 Billion Euro IPO, Majority Owner Triton to Retain Control

Renk plans to price its IPO at 15 to 18 euros per share, valuing it at up to 1.8 billion euros
Private equity owner Triton will continue to hold majority stake after IPO
Triton plans to sell up to 27.03 million Renk shares, raising 405-486 million euros
Free float expected to be 27%
Offer period starts Tuesday, ends October 4, listing on Frankfurt Stock Exchange October 5

nasdaq.com

Relevant topic timeline:

8/30/2023

SoftBank-Backed Arm Prepares For Blockbuster IPO As Nvidia Continues To Soar Past $1.2 Trillion Market Cap

British semiconductor designer Arm Holdings is planning a multibillion-dollar initial public offering (IPO) on the Nasdaq Stock Exchange in the US, aiming to raise between $8 billion and $10 billion with a valuation of $60 billion to $70 billion, positioning itself as one of the biggest IPOs of 2023.

9/11/2023

Instacart Proposes $8.9B IPO, Offering 22M Shares at $26-$28 Range

Instacart plans to raise about $594 million in its upcoming IPO by offering 22 million shares at an estimated price of $26 to $28 per share, with a market capitalization of about $8.9 billion.

9/13/2023

Chip Designer Arm Goes Public in $55.5 Billion IPO Despite Drop in Revenue

Chip design firm Arm, which supplies technology to companies like Apple and Nvidia, has priced its IPO at $52 per share, with a fully-diluted market cap of approximately $55.5 billion, and is set to become the largest technology offering of the year.

9/19/2023

Instacart Prices IPO at $39 Billion Despite Market Volatility, Showing Strong Investor Demand

Instacart prices its IPO at $30 a share, indicating strong investor interest in new offerings.

9/20/2023

Marketing Automation Company Klaviyo Prices $9.2B IPO Above Range as U.S. IPO Market Rebounds

Marketing automation company Klaviyo Inc achieved a valuation of $9.2 billion in its IPO after pricing its shares at $30 each, signaling a rebound in the U.S. IPO market.

10/2/2023

Birkenstock Seeks $9 Billion Valuation in NY IPO Amid Slumping Markets

German sandals maker Birkenstock is aiming for a valuation of up to $9.2 billion in its New York initial public offering (IPO), representing another test for the IPO market.

10/3/2023

Iconic sandal maker Birkenstock plans $10B NYSE listing after record growth

German shoemaker Birkenstock plans to sell shares for between $44 and $49 apiece in its upcoming IPO on the New York Stock Exchange, potentially valuing the company at up to $10 billion.

10/10/2023

Birkenstock Prices U.S. IPO at $46 Per Share, Raising $1.48 Billion

German premium footwear maker Birkenstock priced its U.S. initial public offering (IPO) at $46 per share, raising about $1.48 billion and valuing the company at $9.3 billion, despite market volatility and concerns about the outlook for new stock market launches.

10/11/2023

Iconic Sandal Maker Birkenstock Goes Public, Raising $1.48B in Blockbuster IPO

German sandal maker Birkenstock has raised $1.48 billion in its initial public offering (IPO), valuing the company at over $9 billion, as it aims to expand its business in Asia and the United States.

10/11/2023

Birkenstock Prices IPO at $46 Per Share, Valuing Iconic Sandal Maker at $8.6 Billion Despite Market Volatility

Birkenstock prices IPO at $46, valuing the company at $8.6 billion.