(Reuters) – Amer Sports, the maker of Wilson tennis rackets and Salomon ski boots, said on Monday it was targeting a valuation of up to $8.7 billion in its U.S. initial public offering.
The company said it plans to raise up to $1.8 billion by selling 100 million shares priced between $16 and $18 each.
Goldman Sachs, BofA Securities, JPMorgan, Morgan Stanley, Citigroup and UBS Investment Bank are the lead underwriters for the offering.
(Reporting by Niket Nishant in Bengaluru; Editing by Shailesh Kuber)
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