Delivery Hero to open €800m IPO on Tuesday

Pizza 230-150x
By John Loh
19 Jun 2017

Delivery Hero, the Rocket Internet-backed online food delivery company, set a price range for its €747m to €866m IPO this morning, and will open the bookbuild on Tuesday.

Berlin-based Delivery Hero aims to sell 33.95m primary and secondary shares in the base deal for €22 to €25.50 each, said a banker at one of the leads.

Delivery Hero will raise €417m to €483m from the sale of 18.95m primary shares, and will use the proceeds ...

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