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BAML and Citi prep Jimmy Choo for sale

IPO adviser Bank of America Merrill Lynch back in the frame as luxury shoe brand puts itself up for sale

Toronto, Canada - April 27, 2013: Lovely designer heels by Jimmy Choo, brand new in their box.
Toronto, Canada - April 27, 2013: Lovely designer heels by Jimmy Choo, brand new in their box. Photo: iStockphoto

Investment bankers at Bank of America Merrill Lynch and Citigroup are working with the luxury shoe brand Jimmy Choo, which this morning put itself up for sale.

Jimmy Choo said in a statement: "The board of Jimmy Choo announces today that it has decided to conduct a review of the various strategic options open to the company to maximise value for its shareholders and it is seeking offers for the company."

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