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Talabat's $1.5 Billion Dubai IPO Sells Out Soon After Books Open

By Yahoo! Finance   |   Nov 19, 2024 at 01:19 AM EST
Talabat's $1.5 Billion Dubai IPO Sells Out Soon After Books Open

Delivery Hero SE's Middle East unit's $1.5 billion IPO in Dubai saw overwhelming demand, with all shares taken minutes after opening subscriptions. Talabat's valuation is $10.2 billion, with a 15% stake offered by its parent firm.

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