LVMH-owned 'world's oldest start-up' files for IPO in US


Content Team
Image Credit: acquired

German footwear brand Birkenstock has filed for an initial public offering (IPO) in the US. This makes it the second European company besides SoftBank Group-owned Arm, to seek a foreign listing this month. The move comes as US equity markets recover after a slow start to the year, with IPO listings fetching nearly double the amount secured in 2022.