Reported 14 days ago
Delivery Hero's Middle Eastern arm, Talabat, will be listed on the Dubai Stock Exchange in mid-December, offering 15% of its shares in what is expected to be one of the UAE's largest IPOs this year. The company plans to distribute a minimum dividend of $100 million in April 2025 and, having gained a majority stake in Talabat in 2015, Delivery Hero will retain control after the listing.
Source: YAHOO