Tuesday, September 28, 2010

Jimmy Choo Will Be Listed?

TowerBrook Capital and Gala Capital, the Jimmy Choo equity holding in private equity are studying the shoes of this famous British company's future and may list the company on a public offering. The company has hired investment bank providing advisory services and advice. TowerBrook Capital private equity funds and Gala Capital are studying the British footwear designer Jimmy Choo public offering the possibility of listing.

According to foreign media reports, Goldman Sachs and Morgan Stanley were among the first invited to advise the bank. Tower Brook is considering various options, including the UK, U.S. or Asia for IPO, Expansion reported the news of the financial community reference, said the company's public offering price listed is 500 million pounds (7.68 billion U.S. dollars).
Gala Capital and TowerBrook holds the major stake of the company in the high-end designer footwear company. Jimmy Choo brand won Charlize Theron and Julia Roberts and other celebrities alike. Michelle Obama, U.S. first lady wore Jimmy Choo shoes in her husband's appointment ceremony.

Jimmy Choo was founded by Tamara Mellon in 1996. Since 2001, the company was taken place three times, and finally bought by TowerBrook in 2007 with 180 million pounds to buy. He currently held 80 percent equity while another 17% were under the control of Tamara Mellon. Meanwhile, the two private equity funds take into account the Jimmy Choo company sold to a luxury private equity company or another company.

No comments:

Post a Comment