Rocket Internet shoots straight back to market

first_img whatsapp Express KCS More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgWhy people are finding dryer sheets in their mailboxesnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.com Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekUndozenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comUndoLivestlyThe Best Redhead Actresses, RankedLivestlyUndoNoteableyKirstie Alley Is So Skinny Now And Looks Like A BarbieNoteableyUndoSenior Living | Search AdsNew Senior Apartments Coming to Scottsdale (Take A Look at The Prices)Senior Living | Search AdsUndoDefinitionThe Most Famous Movie Filmed In Every U.S. StateDefinitionUndoAll Things Auto | Search AdsMost Affordable Camper VansAll Things Auto | Search AdsUndoMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesUndo Rocket Internet shoots straight back to market Tags: NULL Show Comments ▼center_img whatsapp RECENTLY floated e-commerce firm Rocket Internet is planning to raise capital by issuing new stock representing 7.8 per cent of its outstanding share base.Rocket said yesterday that it will issue up to 12m new shares which will then begin trading on 17 February.The new shares will be offered exclusively to institutional investors in a private placement by way of an accelerated bookbuilding process and will carry full dividend rights as of 1 January 2014.According to Rocket, existing major investors Baillie Gifford and United Internet have confirmed their participation at the yet-to-be-determined placement price for an aggregate amount of around €210m (£156m).The Berlin-based company’s flotation last October failed to meet expectations, with stock opening at €42.50 but falling immediately by 10 per cent, however shares have since gained by over 45 per cent. In the past week, the firm has announced several investments in various online food and grocery businesses, including UK-based HelloFresh and Germany’s Delivery Hero. Thursday 12 February 2015 9:32 pm Share last_img

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