Delivery Hero returns with €1.5bn convert

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Delivery Hero returns with €1.5bn convert

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31 March 2020, Berlin: The Delivery Hero logo. The company operates online ordering platforms for food worldwide. Photo: Jens Kalaene/dpa-Zentralbild/ZB | Jens Kalaene/DPA/PA Images

Delivery Hero, the German online food ordering marketplace, has returned to the equity-linked market six months after its debut to issue a jumbo €1.5bn dual-tranche convertible bond to fund M&A opportunities.

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