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Delivery Hero to Pursue IPO of 15% of Talabat Unit in Dubai

By Yahoo! Finance   |   Nov 10, 2024 at 08:10 AM EST
Delivery Hero to Pursue IPO of 15% of Talabat Unit in Dubai

Delivery Hero SE plans to list its Talabat unit in Dubai, aiming to sell a 15% stake in the Middle Eastern subsidiary. The IPO could raise about $1 billion, with proceeds to be used for corporate purposes.

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