UK footwear brand expected to launch market listing on Monday, with CEO in line for stake worth 58m The British footwear brand Dr Martens is expected to launch a stock market flotation on Monday that would value the Northamptonshire firm at 3.5bn and generate a huge windfall for its bosses and backers.The company, known for its boots with chunky air-cushioned soles and distinctive yellow stitching, was owned until 2013 by the Griggs family, who sold to the private equity investment group Permira for 300m but retained a near-10% stake. Just seven years later the business has soared in value and when it lands on the stock market will create numerous multimillionaires. Continue reading...
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