Dr Martens owners to raise US$1.78bil in London IPO


LONDON (Reuters) - The owners of Dr. Martens aim to raise close to 1.3 billion pounds (US$1.78 billion) from a London listing of the classic British boot brand, according to a lead manager.

The company, known for its yellow stitching and chunky soles, will sell 350 million existing shares somewhere between 330 and 370 pence per share, according to a bookrunner.

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