Delivery Hero Aims to Raise Around $1.5 Billion in Talabat IPO
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Delivery Hero plans to raise approximately $1.5 billion through the IPO of its subsidiary, Talabat, by offering 15% of its issued share capital at a price range of $0.41 to $0.44 per share.
November 18, 2024 | 5:15 pm
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Delivery Hero is aiming to raise $1.5 billion through the IPO of Talabat, potentially impacting HENC's stock price as investors react to the capital raise and valuation of Talabat.
The IPO of Talabat, a subsidiary of Delivery Hero, is a significant financial event that could influence HENC's stock price. The capital raise and the valuation of Talabat may lead to positive investor sentiment, potentially driving HENC's stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80