Wilson racket maker Amer Sports eyes up to $8.7b valuation in US IPO

Wilson racket maker Amer Sports eyes up to $8.7b valuation in US IPO

FILE PHOTO: A street sign marks Wall Street outside the New York Stock Exchange (NYSE) in New York City, where markets roiled after Russia continues to attack Ukraine, in New York, U.S., February 24, 2022. REUTERS/Caitlin Ochs

Wilson tennis rackets maker Amer Sports is targeting a valuation of up to $8.7 billion for its U.S. initial public offering, the company said on Monday, as it moves toward a much-anticipated listing that could test investor appetite for richly valued firms.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter