Federer-backed shoemaker On valued at over $11 billion in NYSE debut

September 15, 2021

(Reuters) – Shares of Roger Federer-backed On Holding AG jumped more than 47% in their New York Stock Exchange debut on Wednesday, valuing the shoemaker at about $11.35 billion.

(Reporting by Noor Zainab Hussain in Bengaluru; Editing by Amy Caren Daniel)

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