Deals
02 April 2024, 11:40 am 1 minute
Reuters exclusively reported that investment firm Marathon Partners Equity Management wants British boot maker Dr. Martens to hire bankers and begin an immediate strategic review that could lead to a sale of the company.
Market Impact
Marathon Partners argues Dr. Martens’ stalled earnings growth and sharp share price drop of 83% since its public listing in 2021 have decoupled its valuation from its intrinsic value.
Article Tags
Topics of Interest: Deals
Type: Reuters Best
Sectors: Business & Finance
Regions: Europe
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story