Delivery Hero Confirms Plans To Go Public

The food delivery company, Delivery Hero, has confirmed that it intends to raise around 450 million Euros in 2018 through an initial public offering. It is expected that the new shares will be offered on the Frankfurt Stock Exchange, with plans in place currently to begin the process in the coming weeks. If it goes ahead with the plan, Delivery Hero will follow its competitors Grubhub, Just Eat and in going public.