Reported 15 days ago
Delivery Hero SE aims to raise up to $1.5 billion through the IPO of Talabat, its Middle Eastern unit, by offering a 15% stake at prices ranging from 1.50 to 1.60 dirhams per share. This IPO, set to be one of the largest in the region this year, will determine its final price on November 29 and begin trading in Dubai on December 10. The offering includes cornerstone investments of $250 million from major funds and reflects increasing interest in listings across the Middle East.
Source: YAHOO