Delivery Hero’s Talabat Prices IPO at Top End of Range

Delivery Hero’s Talabat Prices IPO at Top End of Range; Values Firm at $10.1 Billion
Delivery Hero’s Talabat priced its Dubai initial public offering at the top end of the previously announced range, implying a market value of around $10 billion.
Delivery Hero Sets Talabat Final IPO Price at Top of Range
Delivery Hero SE set the price for its Middle Eastern unit’s initial public offering at the top of its range, putting the deal on pace to be the United Arab Emirates’ biggest listing of the year.
Delivery Hero Middle East Unit Prepares for IPO of the Year in the Emirates
Talabat Holding, one of the largest food delivery companies in the Middle East, is set to raise about $2 billion in the United Arab Emirates' largest initial public offering (IPO) this year after its parent,
Delivery Hero Boosts Size of Talabat’s Listing to $2 Billion
Delivery Hero SE boosted the size of its Middle Eastern unit’s initial public offering to as much as $2 billion, setting the deal up to be the United Arab Emirates’ biggest listing of the year.Most Read from BloombergNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasIn Italy’s Motor City,
Delivery Hero's Talabat sets Dubai IPO price at top end, to raise $2 bln
Talabat, one of the largest food ordering businesses in the Middle East, is set to raise about $2 billion from the largest initial public offering in the United Arab Emirates, after its parent Delivery Hero on Friday priced the offering at the top end of an earlier indicated range.
Delivery Hero sets Talabat's IPO price at about $0.44 per share
The food delivery platform, Delivery Hero, on Friday set a final price for the initial public offering (IPO) of its Middle East online food ordering service Talabat Holding at United Arab Emirate dirham (AED) 1.
Delivery Hero CEO Says Talabat IPO Leaves Parent Company ‘Undervalued’
It leaves Delivery Hero with the difficult task of maintaining growth at Talabat, where it retains an 80% ownership, while convincing the market that its remaining assets are worth far more.
Delivery Hero sets final price in Talabat's Dubai IPO at $0.44 per share
Delivery Hero has set the price for the IPO of its Middle Eastern unit, Talabat, at 1.60 UAE dirhams ($0.44) per share. It will raise AED 7.5 billion ($2 billion) in gross proceeds from its IPO on the Dubai financial Market (DFM).
Delivery Hero's Talabat Sets Dubai IPO Offer Price At Top End
Talabat is to raise about $2 billion from its IPO this year, after Delivery Hero priced the offering at the top end of the indicated range.
Talabat IPO On Track To Be Year’s Largest Tech Listing
Delivery Hero SE priced its Middle Eastern unit’s initial public offering at the top of its range, putting the deal on pace to be the largest tech sector IPO of the year.
Talabat to raise $2bn from IPO as price is finalised
Following the IPO, Talabat plans to pay a minimum dividend of AED367.25 million in April 2025. The company is targeting a minimum dividend of AED 1.5 billion in 2025, split into t
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GBC and Linklaters Advise on Talabat’s $2BN IPO in World’s Largest Tech IPO of 2024
Talabat, the Arabic word for ‘orders’, was founded in Kuwait in 2004. In 2016, it became a subsidiary of German food ...
Talabat’s $1.5 Billion IPO Sells Out Soon After Books Open
Delivery Hero SE’s Middle East unit had demand for all shares in its $1.5 billion Dubai initial public offering minutes after ...