Canada Goose Said to File Confidentially for Dual-Listed IPO
ByCanada Goose Inc. has filed plans confidentially with U.S. regulators for a dual-listing in New York and Toronto, people with knowledge of the matter said.
The Toronto-based retailer, backed by Bain Capital and known for its trademark $900 parkas with coyote fur-lined hoods, is aiming to go public in the first quarter, said the people, who asked not to be identified because the matter is private.
A representative for Bain and Canada Goose didn’t immediately respond to calls and e-mails seeking comment.
Canada Goose is still determining how much it will raise in the initial public offering, one of the people said. It is aiming to sell somewhere between 10 percent to 15 percent of the company to the public, people familiar with the matter said. That would raise $200 million to $300 million at a value of about $2 billion, they said.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
Read this article on the Terminal Request a demo to learn more
If you believe that you may have received this message in error please let us know.
- Electric Buses Are Hurting the Oil Industry
- Why High-Flying U.S. Home Prices Seen Getting Another Jolt
- Stocks Push Higher; Dollar Reaches 3-Month Peak: Markets Wrap
- Ford Plans $11.5 Billion in Extra Cuts, Kills Most U.S. Cars
- American Cities Are Fighting Big Business Over Wireless Internet, and They’re Losing