Consumer
Vuori Share Sale Values Athleisure Startup at $5.5 Billion
- Tender offer for SoftBank-backed company is $825 million
- Deal is led by investors General Atlantic and Stripes
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Activewear maker Vuori will allow some early investors and employees to sell shares in a tender offer that values the company at about $5.5 billion, according to people familiar with the matter.
The tender, also known as a secondary share sale, is about $825 million, said some of the people, all of whom asked to not to be identified discussing private information.