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Delivery Hero, Talabat
Gulf IPO may be Delivery Hero’s only tasty morsel
Delivery Hero is looking to the Gulf to remove the sour taste of recent years. The $12 billion Frankfurt-listed group has seen its shares slump by over two-thirds since December 2020. Its decision on Monday to commence the sale of 15% of its Middle East and North Africa business,
Delivery Hero Tees Up Mega Dubai IPO of Middle Eastern Unit
Delivery Hero SE unveiled plans to list its Talabat unit in Dubai in what could be among the region’s biggest initial public offerings of the year.
Talabat Eyes IPO That May Value It More Than Delivery Hero
Emirates NBD, one of the banks on the IPO, said Talabat could be worth up to $14.4 billion, while Bloomberg Intelligence estimated an enterprise value of as much as $12 billion. That would peg Talabat’s valuation higher than its parent firm — and make the deal among the region’s biggest listings this year.
Delivery Hero to list Talabat business in Dubai in December
Talabat, the Middle East business of Delivery Hero , will list on the Dubai Stock Exchange in mid-December, floating 15% of its issued shares, its German parent said on Sunday, in what will be one of the UAE's biggest IPOs this year.
Delivery Hero To Launch Talabat IPO On Dubai Exchange
Delivery Hero SE (DHER.DE, DLVHF.OB) announced plans to launch an initial public offering (IPO) for 15% of the total shares of
Delivery Hero Sets out Talabat Listing Plans in Dubai
Delivery
Hero
confirmed plans to list its Talabat business in Dubai while maintaining a majority stake in the company. The German-listed
delivery
company said Sunday that it plans to list 15% of the total issued shares of Talabat on the Dubai Financial ...
Delivery Hero to offer 15% stake in Talabat via IPO on Dubai Financial Market
It will retain a majority stake in Talabat. Delivery Hero SE has announced plans to list 15% of its food delivery and quick commerce business, Talabat, on the Dubai Financial Market in Q4 2024. The Securities and Commodities Authority of the UAE approved the local prospectus on 7 November 2024,
Germany's Delivery Hero to launch IPO for Middle East brand Talabat
German multinational Delivery Hero says it preparing to float 15% of stock from its rapidly expanding Middle East subsidiary Talabat in an initial public offering (IPO). The food delivery brand announced in Berlin on Sunday that it aims to list all shares in Talabat - the Arabic for "orders" - on the Dubai stock exchange by mid-December.
The Star
2d
Delivery Hero to pursue IPO of Talabat unit in Dubai to raise US$1bil
DUBAI:
Delivery
Hero
SE has unveiled plans to list its Talabat unit in Dubai in what could be among the region’s biggest ...
7d
Delivery Hero shares up on strong Q3 update, upbeat FY24 guidance
Shares of Delivery Hero (ETR: DHER) traded higher on Thursday following its Q3 trading update. The company's Group GMV ...
5d
Delivery Hero price target raised to EUR 35 from EUR 29 at Deutsche Bank
Deutsche Bank analyst Silvia Cuneo raised the firm’s price target on Delivery Hero (DLVHF) to EUR 35 from EUR 29 and keeps a Hold rating ...
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