Investors step into Jimmy Choo

Jimmy Choo is set to list on the London Stock Exchange in October.

Jimmy Choo is set to list on the London Stock Exchange in October and could raise $1.1bn, or more than £680m. Now owned by JAB Luxury - parent company of Labelux - Choo has gone through several private equity players, and has, according to Reuters, attracted enough investors to take all the amount on offer, including over-allotment, within its price range. The shares are valued at 140p to 180p, and the company’s value is between £546m and £702m.

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