The Middle East subsidiary of Delivery Hero, Talabat, raised $2 billion from an initial public offering on Dec. 10. Talabat sold more than 4.65 billion shares at AED1.60 ($0.44) per share. The sale of ...
Shares in Delivery Hero’sDHER-8.66%decrease; red down pointing triangle Middle East subsidiary Talabat have reversed direction and are currently trading lower as the company debuts on the Dubai ...
(Bloomberg) -- Delivery Hero SE’s Middle East unit had demand for all shares in its $1.5 billion Dubai initial public offering minutes after subscriptions opened, in the latest sign of robust ...
DUBAI, Nov 27 (Reuters) - Talabat, one of the largest food ordering businesses in the Middle East, is set to be the largest initial public offering (IPO) in the United Arab Emirates (UAE ...
Talabat has announced the successful completion of the bookbuild and public subscription process for its initial public offering on the Dubai Financial Market. The Final Offer Price has been set ...
In a sparse year for listings, the $10.2 billion float of Talabat, a Middle East-based food delivery company, on Dubai’s exchange is expected to outstrip IPOs from hyped American tech startups ...
The German company set the final price in the Talabat Holding IPO at AED 1.60 ($0.44) per share, according to a statement. Delivery Hero will raise close to AED 7.5 billion ($2 billion) ...
Talabat shares plunged by more than 7.5 per cent on its trading debut on the Dubai Financial Market (DFM). The delivery platform raised $2bn (Dhs7.5bn) in its initial public offering (IPO), which ...