Investment Banking

Takeaway app delivers a strong finish to first half with €1bn IPO

Delivery Hero’s Frankfurt float is among the largest listings in Europe so far this year, capping off a busy six months for equity capital markets

Takeaway app delivers a strong finish to first half with €1bn IPO
Photo: Getty Images

A €1bn tech IPO in Germany has rounded out a busy period for Europe’s equity market bankers.

Delivery Hero, a Berlin-based business that runs food delivery apps, has priced its initial public offering on the Frankfurt exchange at €25.50 per share to raise €996m.

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