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30/06/2017 13:47:59
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Börse Frankfurt News

IPO: Delivery Hero AG went public in Prime Standard



The global online food ordering and delivery marketplace had a successful going public in Prime Standard today. First price was €26.90, issue price €25.50. Market capitalization at trading start was around 1 billion.
30 June 2017. FRANKFURT (Börse Frankfurt). Delivery Hero AG (WKN A2E4K4) is listed in the Prime Standard of the Frankfurt Stock Exchange now.

The initial listing price was €25.50; the issue price €26.90. The IPO was accompanied by Citigroup, Goldman Sachs International and Morgan Stanley with UniCredit, Berenberg, Jefferies and UBS as joint bookrunners. Designated sponsor for Xetra trading is Goldman Sachs International, as the specialist on the Börse Frankfurt venue acts Baader Bank AG.

According to information provided by the company, Delivery Hero is a leading global online food ordering and delivery marketplace with market leading positions in terms of restaurants, active users and orders in more countries than any of its competitors and online and mobile platforms across 40+ countries in Europe, the Middle East & North Africa, Latin America and the Asia-Pacific region. Delivery Hero also operates its own delivery service primarily in 50+ high-density urban areas around the world. The company is headquartered in Berlin and has over 6,000 employees in addition to thousands of employed delivery drivers.



30 June 2017, © Deutsche Börse AG

Carsten Kengeter (CEO, Deutsche Börse), Niklas Östberg (CEO, Delivery Hero)


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