Talabat raises $2bn in Dubai IPO

Talabat raises $2bn in Dubai IPO as Gulf flotations shine
Middle East-based food delivery company Talabat has raised $2bn in the Gulf’s biggest initial public offering this year, as the region bucks a global downturn in flotations. Talabat, which is German group Delivery Hero’s food delivery and quick commerce business in the Middle East and north Africa,
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 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 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 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,
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 subscriptions opened, in the latest sign of robust demand for regional deals.
Talabat’s Dubai IPO upsized to $2bln due to investor demand
Food delivery company, which is expected to list on DFM next month, increased its offering from 15% to 20% of share following significant regional and international demand
Talabat Holding Announces IPO Price Range and Subscription Period on Dubai Financial Market
Talabat Holding plc (“Talabat”), the leading online food delivery and convenience retail marketplace in the MENA region, has announced the price range and subscription period for its initial public offering (IPO) on the Dubai Financial Market (DFM).
Delivery Hero’s Talabat IPO set to raise $1.5bn ahead of Dubai listing
German food delivery service Delivery Hero said the initial public offering (IPO) of its Middle East business Talabat is expected to raise around 1.42 billion euros ($1.4 billion to $1.5 billion) in gross proceeds prior to its debut on the Dubai Financial Market (DFM) in December.
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 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
This Year’s Biggest Tech IPO Will Be In Dubai
In a sparse year for listings, the $10.2 billion float of Talabat, a food delivery company, on Dubai’s exchange is set to ...
Bloomberg L.P.12d
Delivery Hero Seeks Up to $1.5 Billion From Talabat’s Dubai IPO
or 3.49 billion shares, at 1.50 dirhams ($0.41) to 1.60 dirhams apiece, according to a statement that confirmed a Bloomberg ...
UAE: Talabat Raises Dh7.5 Billion In Largest Global Tech IPO So Far This Year
Talabat has announced the successful completion of the bookbuild and public subscription process for its initial <a ...