Reuters are reporting that the On Running company is considering an initial public offering that would value the company at around $5 billion. On are reported as preparing for a USA stock market listing which could be as early as this autumn of 2021. Neither the company or banks involved responded to Reuters requests for comment. This followed a spike in sales during the COVID lock downs during 2020-21 of a reported 200%.
Craig Payne
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University lecturer, writer, runner, cynic, researcher, skeptic, forum admin, science communicator, woo basher, clinician, rabble-rouser, blogger, dad.