IPO: Zalando almost worth as much as Lufthansa – tagesschau.de

IPO: Zalando almost worth as much as Lufthansa – tagesschau.de

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Date: 18/09/2014 02:48 clock

Founded 2008 Online Modeversand Zalando is valued at its IPO with up to 5.6 billion euros – and would thus be worth more than the DAX companies K + S and Lanxess and almost as much as Lufthansa, whose market capitalization is around six billion euros.

The Review of Zalando results from the evening fixed price range from 18 to 22.50 euros per share. From today until 29 September, the shares will be placed with investors. On 1 October, the paper will be first traded on the Frankfurt Stock Exchange.

The previous shareholders to the Swedish investor Kinnevik and Internet entrepreneur Oliver, Alexander and Marc Samwer want in the course IPO not deliver shares. This

flow the desired up to 633 million euros from the IPO fully the companies themselves. <- Infobox ->

In the IPOs it is now in rapid succession

Zalando making it the largest IPO of a German Internet company since the New Economy boom around the turn of the millennium. However, the next candidate pushing after: The also brought forward by the Samwer brothers Internet Holding Rocket Internet is expected to follow with a week interval on Zalando

The online classifieds market Scout24. (Auto Scout, Scout property) to which the U.S. financial investor Hellman & amp; Friedman and Blackstone and the German Telekom involved, checks also claims to an IPO. According to financial circles the start to this fall in October.

From Sheikh to Schuhverpacker

After the IPO of Zalando be up to 11.3 percent of the shares traded on the stock exchange. More than one-fifth of the new shares are already reserved for other large investors. Zalando announced, it already would be available commitments from anchor investors for just under 127 million euros. They include a Scottish investment funds and investors from the Caribbean island of Bermuda, and from the Arab region

‘s workforce Zalando – from the Board to the Packers the shoebox – is to become shareholders.: Around 7000 people in Germany get shares for every 180 euros given in papers for further 720 euros to get 25 percent discount on the issue price.