Delivery Hero prices €2.3bn M&A financing trade

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Delivery Hero prices €2.3bn M&A financing trade

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The logo of online order and delivery platform 'Lieferheld' is on display at the joint headquarter of online order and delivery platforms 'Lieferheld' and 'Delivery Hero' in Berlin, Germany, 24 February 2015. More than 7000 restaurants are listed on the online food delvery platform 'Lieferheld'. 'Delivery Hero' is the worldwide market leader for online food orders operating similar plaforms in 24 countries. Photo: Jens Kalaene/dpa | Jens Kalaene/DPA/PA Images

Delivery Hero, the German online food ordering marketplace, raised €2.3bn this week via a simultaneous placement of new shares and convertible bonds to finance its takeover of South Korea’s Woowa Brothers.

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