Delivery Hero’s Talabat Prices IPO at Top End of Range

Delivery Hero Sets Talabat Final IPO Price at Top of Range
Delivery Hero SE set the price for its Middle Eastern unit’s initial public offering at the top of its range, putting the deal on pace to be the United Arab Emirates’ biggest listing of the year.The German company set the final price in the Talabat Holding IPO at AED 1.
Delivery Hero’s Talabat Prices IPO at Top End of Range; Values Firm at $10.1 Billion
Delivery Hero’s Talabat priced its Dubai initial public offering at the top end of the previously announced range, implying a market value of around $10 billion.
Delivery Hero's Talabat Sets Dubai IPO Offer Price At Top End
Talabat is to raise about $2 billion from its IPO this year, after Delivery Hero priced the offering at the top end of the indicated range.
Delivery Hero Boosts Size of Talabat’s Listing to $2 Billion
Delivery Hero SE boosted the size of its Middle Eastern unit’s initial public offering to as much as $2 billion, setting the deal up to be the United Arab Emirates’ biggest listing of the year.Most Read from BloombergNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasIn Italy’s Motor City,
Delivery Hero sets final price in Talabat's Dubai IPO at $0.44 per share
Delivery Hero has set the price for the IPO of its Middle Eastern unit, Talabat, at 1.60 UAE dirhams ($0.44) per share. It will raise AED 7.5 billion ($2 billion) in gross proceeds from its IPO on the Dubai financial Market (DFM).
Talabat’s $1.5 Billion IPO Sells Out Soon After Books Open
Delivery Hero SE’s Middle East unit had demand for all shares in its $1.5 billion Dubai initial public offering minutes after subscriptions opened, in the latest sign of robust demand for regional deals.
Delivery Hero CEO Says Talabat IPO Leaves Parent Company ‘Undervalued’
For Delivery Hero SE, the public listing of its Middle Eastern unit brings a much needed cash windfall — and a vexing problem.Most Read from BloombergIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesIn Italy’s Motor City,
Delivery Hero Stock: IPO Success Drives Middle East Expansion
Trading is scheduled to commence on the Dubai Stock Exchange on December 10, with Delivery Hero maintaining majority ownership of Talabat and securing future dividend benefits. The company's current market capitalization stands at €10.
Talabat set to be UAE's largest IPO this year after offer increased
Talabat, one of the largest food ordering businesses in the Middle East, is set to be the largest initial public offering (IPO) in the United Arab Emirates (UAE) this year after parent firm Delivery Hero on Wednesday announced it had increased the offering.
Talabat IPO On Track To Be Year’s Largest Tech Listing
Delivery Hero SE priced its Middle Eastern unit’s initial public offering at the top of its range, putting the deal on pace to be the largest tech sector IPO of the year.
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Talabat wins $2bn IPO, biggest UAE listing of the year
Talabat, the Middle Eastern food delivery service owned by Delivery Hero, priced its IPO on Friday at Dh1.6 a share, the top of the opening range, to raise $2.03bn-equivalent, making it the largest ...
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Delivery Hero Seeks Up to $1.5 Billion From Talabat’s Dubai IPO
Delivery Hero SE is seeking to raise as much as $1.5 billion from the initial public offering of its Middle Eastern unit in ...
Delivery Hero's Talabat sets Dubai IPO price at top end, to raise $2 bln
Talabat, one of the largest food ordering businesses in the Middle East, is set to raise about $2 billion from the largest initial public offering in the United Arab Emirates, after its parent ...