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UPDATE 1-Jimmy Choo narrows IPO price to bottom half of range-sources

2014-10-13 20:16:31| Footwear - Topix.net

Luxury shoe maker Jimmy Choo expects its initial share sale to be priced between 140 pence and 160 pence a share, the bottom half of its preliminary guidance of 140-180 pence, two sources familiar with the matter said on Monday. That would value the company, which is aiming to list a 25 percent stake in London, at up to 624 million pounds , below the initial top target of 702 million.

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