The private equity Permira has hired a financial advisor to study an initial public offering (IPO) on the Milan stock exchange for Golden Goose, according to the business newspaper Il Sole 24 Ore. The advisor is believed to be a US investment bank present in Europe. The IPO could be held in 2024, the newspaper added.
In 2020, the private equity Permira bought Golden Goose from Carlyle for €1.28 billion. In June, the news agency Bloomberg reported that Permira is exploring the sale of the brand for over €2.5 billion. For the time being, an IPO in Milan is Permira’s favored option for the brand, but other options cannot be ruled out as the fashion industry has been very active lately in terms of mergers and acquisitions, Il Sole 24 Ore pointed out.
In the last couple of weeks, we already reported about the preparations for the IPO of New Era Cap and Amer Sports.
