Talabat, Delivery Hero and IPO

Delivery Hero Tees Up Mega Dubai IPO of Middle Eastern Unit
Delivery Hero SE unveiled plans to list its Talabat unit in Dubai in what could be among the region’s biggest initial public offerings of the year.
Delivery Hero's Talabat to launch over $1 bln Dubai IPO next week, sources say
Talabat, the Middle East business of Delivery Hero , plans to launch its Dubai initial public offering next week, three people familiar with the plans told Reuters, in one of the UAE's biggest IPOs this year.
Delivery Hero To Launch Talabat IPO On Dubai Exchange
Delivery Hero SE (DHER.DE, DLVHF.OB) announced plans to launch an initial public offering (IPO) for 15% of the total shares of
Delivery Hero Sets out Talabat Listing Plans in Dubai
The German-listed delivery company said Sunday that it plans to list 15% of the total issued shares of Talabat on the Dubai Financial Market in mid-December 2024. A total of 3,493,236,093 shares with a value of 0.
Gulf IPO may be Delivery Hero’s only tasty morsel
Delivery Hero is looking to the Gulf to remove the sour taste of recent years. The $12 billion Frankfurt-listed group has seen its shares slump by over two-thirds since December 2020. Its decision on Monday to commence the sale of 15% of its Middle East and North Africa business,
Delivery Hero to offer 15% stake in Talabat via IPO on Dubai Financial Market
It will retain a majority stake in Talabat. Delivery Hero SE has announced plans to list 15% of its food delivery and quick commerce business, Talabat, on the Dubai Financial Market in Q4 2024. The Securities and Commodities Authority of the UAE approved the local prospectus on 7 November 2024,
Billionaire Ali’s Lulu Falls in Debut After Mega Abu Dhabi IPO
Lulu Retail Holdings Plc’s shares fell after its $1.72 billion initial public offering, a rarity in the Middle East where listings have typically offered stellar returns in early trading.
Khaleej Times1d
LuLu opens latest hypermarket following mega IPO launch; aims to open 100 stores across GCC
LuLu has officially opened its newest hypermarket in Dubai’s Motor City, marking an important milestone following its highly ...
Arabian Business2d
Landmark Group IPO: ‘We do not have plans yet’, says Chairwoman Renuka Jagtiani
Landmark Group executives confirm no immediate IPO plans as the retail giant marks its 50th anniversary, citing financial ...
The Star2d
Delivery Hero to pursue IPO of Talabat unit in Dubai to raise US$1bil
Its free cash flow increased by 64% year-on-year to US$226mil in the six months ended June. The Dubai IPO could value ...
Zawya7h
Lulu Retail sarts trading on ADX following its record-breaking IPO
Lulu’s IPO raised gross proceeds of AED 6.32 billion (c ... Al Maryah Community Bank LLC, Dubai Islamic Bank PJSC, ...
Yahoo Finance2d
Saudi Finance Firm Gets $35 Billion in Orders for $264 Million IPO
Delivery firm Talabat, meanwhile, has teed up a Dubai IPO that could value it higher than its parent — Delivery Hero SE.
Khaleej Times on MSN4d
Dubai: Talabat to launch over $1-billion IPO next week, sources say
Dubai-based Talabat and Delivery Hero declined to comment. Stay up to date with the latest news. Follow KT on WhatsApp ...
Zawya8d
MENA IPO outlook remains cautiously optimistic in Q3 2024, with five IPOs raising $0.93bln
KSA dominated listing activity with three IPOs The third quarter saw the region’s first non-GCC listing this year in Egypt ...
ndtvprofit4d
Billionaire Ali’s Blockbuster IPO Spotlights UAE’s India-Born Tycoons
Their ascent mirrors the rise of the UAE, which is now home to over 10 million people — a third of them from India ...