Does this mean hipsters' favorite notebooks will now be totally uncool? Moleskine, the Italian brand of notebooks with Ernest Hemingway's seal of approval, is seeking 350 million euros (about $455 million) in an initial public offering announced today, two people "with knowledge of the matter" told Bloomberg. The company is seeking a valuation of about 700 million euros. Appunti Sarl and Pentavest Sarl are selling a 50 percent stake of the company in the IPO, though Syntegra Capital (which currently owns about 68 percent of Moleskine) will retain a significant share.
Cashing In Courtesy of Moleskine