Return to search

Jimmy Choo narrows IPO price range to 140-160 pence a share, say sources-Reuters

(Reuters) – Luxury shoe maker Jimmy Choo [IPO-JIM.L] has narrowed the price range on its London listing to 140-160 pence a share, the lower end of its original guidance, two sources familiar with the matter said on Monday.

The new price range values the firm at up to 624 million pounds ($1 billion). Jimmy Choo had originally set a price guidance of 140-180 pence a share. Books are covered throughout the new range, the sources said.