HelloFresh aims for €1.5bn valuation as pricing heads high

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HelloFresh aims for €1.5bn valuation as pricing heads high

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dpatop - A display board depicts the high of 12976.24 points at the stock exchange in Frankfurt/Main, Germany, 4 October 2017. The German key index Dax reached the alltime high of its 30-year-history. Photo: Arne Dedert/dpa | Arne Dedert/DPA/PA Images

Bankers working on the Frankfurt IPO of HelloFresh, the German meal kit delivery company backed by Rocket Internet, have revised the price range to €10.25 to €11.50, the upper half of the €9 to €11.50 initial range.

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