The startup developer Rocket Internet pulls its IPO. The commercial launch is now scheduled for October 2. The reason:. Investor demand is huge, the shares sought after
The stock buyers run the Berlin investors brothers Samwer the IPO of its holding company, Rocket Internet, the doors one. “Due to the exceptionally high demand from investors,” the IPO would have preferred, the company said on Friday. The first listing in Frankfurt will now take place already on 2 October, a week earlier than previously planned. Originally wanted to go Rocket Internet on October 9 on the stock market
So now two big internet IPOs blow by blow coming. Because on October 1, the share of online fashion retailer Zalando to be traded for the first time . In both cases, the Internet-investors Oliver, Marc and Alexander Samwer involved. The brothers who founded Rocket Internet and held there until now the majority. At Zalando them were still around 17 percent.
The Rocket business model is to establish young Internet companies. Emphasis is placed on the online commerce and services. The company holds a portfolio of more than 100 young, still strong loss-making companies.
Rocket Internet will collect on the Frankfurt stock exchange 1.6 billion euros. That would be the largest IPO in this country for seven years. Rocket would total rated at up to 6.7 billion euros. The proceeds from the IPO CEO Oliver Samwer wants to keep founded by him and his two brothers online fashion retailer, taxi and payment service in future longer -. To take early get other donors on board must and the companies end up selling like Zalando
In the eleven largest investments – including the fashion retailer Dafiti and Lamoda and furniture dealers Home24 and Westwing – Rocket holds far only 21 to 49 percent. Alone for these firms are reserved 700 million euros. More IPOs by Zalando not exclude Oliver Samwer of but.
Video: The greatest hits of the Samwer brothers
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