Canada's Aritzia prices IPO at top of range, to raise C$400 million

Markets Reuters

Canadian fashion retailer Aritzia Inc priced its initial public offering at C$16 a share on Monday, at the very top end of the range it marketed the deal, according to three sources with knowledge of the matter.

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At that price, the company will raise C$400 million ($302 million), giving the Vancouver-based company a market capitalization of C$1.87 billion.

($1 = 1.3229 Canadian dollars)

(Reporting by Alastair Sharp and John Tilak; Editing by Bill Rigby)