Jimmy Choo Considers 650 Million Pound Hong Kong IPO, FT Reports

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Jimmy Choo Ltd., whose luxury shoes are worn by actress Jennifer Lopez, may seek a Hong Kong initial public offering that may value the company at 650 million pounds ($1.1 billion), the Financial Times reported.

HSBC Holdings Plc proposed the IPO to Jimmy Choo’s owner TowerBrook Capital Partners LP and the plan is being taken "seriously" by the buyout firm, the FT reported without saying where it got the information.