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A sign featuring the logo of Birkenstock hangs outside an outlet in Paris on February 26, 2021. (Photo by Alain JOCARD / AFP)
German sandals maker Birkenstock on Monday set an offering price for its initial public offering of stock at between $44 and $49, a range that could see the company raise up to $1.58 billion.
Around 32.2 million ordinary shares will be put on the New York Stock Exchange in the IPO, the company said in a regulatory filing.