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Talabat, Delivery Hero and IPO

Bloomberg on MSN · 12h

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 a deal that will rank as one of the region’s biggest of the year. The German food delivery firm will offer a 15% stake in Talabat,

The Wall Street Journal on MSN · 16h

Delivery Hero Aims to Raise Around $1.5 Billion in Talabat IPO

The online delivery company set the share price at about $0.41 to $0.44, for the IPO of 15% of Talabat’s issued share capital.

Arabian Business · 38m

Delivery Hero aims to raise $1.5bn in Talabat’s Dubai IPO, sets price range

German food delivery service Delivery Hero said the initial public offering (IPO) of its Middle East business Talabat is expected to raise around 1.42 billion euros ($1.4 billion to $1.5 billion) in gross proceeds prior to its debut on the Dubai Financial Market (DFM) in December.

Bloomberg on MSN · 21h

Delivery Hero Eyes About $1.5 Billion From Talabat IPO

Delivery Hero SE is considering seeking about $1.5 billion from the initial public offering of its Middle Eastern unit in Dubai, according to people familiar with the matter.

Hosted on MSN · 1h

Delivery Hero’s Talabat sets IPO price range, seeks to raise $1.52bn

The indicative share price of Dhs1.50 and Dhs1.60 per share implies a market valuation of around Dhs37.3bn at the top of the range

8don MSN

Amazon Targets Delivery Operations in Bid for Bigger Grocery Business

The e-commerce giant is testing store formats that more seamlessly align online fulfillment and in-person shopping.

US to speed up interceptor missiles delivery to Ukraine, WSJ reports

(Reuters) - The United States will ship more than 500 interceptor missiles to Ukraine in the weeks ahead, speeding up ...

5don MSN

The Wall Street Journal is testing AI article summaries

The Wall Street Journal is experimenting with AI-generated article summaries that appear at the top of its news stories. The ...

6don MSN

Startup led by ex-Walmart executive nears deal to buy Grubhub, WSJ reports

The European company had acquired Grubhub in 2020 in an all-stock deal for $7.8 billion, creating the world's largest food ...

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