Delivery Hero Plans Talabat IPO on DFM in Q4 2024
The IPO will involve a secondary sale of shares, with Delivery Hero retaining a majority interest in Talabat post-listing.
By Inc.Arabia Staff
Delivery Hero SE is planning to list its Talabat business on the Dubai Financial Market in the fourth quarter (Q4) of 2024. The IPO will involve a secondary sale of shares, with Delivery Hero retaining a majority interest in Talabat post-listing.
The IPO’s execution depends on market conditions, approval of a securities prospectus by the UAE Securities and Commodities Authority, and final decisions by Delivery Hero's Management and Supervisory Boards.
Delivery Hero operates in the UAE and other countries in the Middle East and North Africa.
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