German digital classified ads company Scout24 started listing its shares on the Frankfurt stock market today. Priced earlier at 30 euros per share, the company had a successful debut on the exchange as shares quickly rose above the offering price. The IPO gives Scout24 a market value of around €3.2 billion ($3.6 billion). The total […]
Last month, after we reported that German VC investment firm German Startups Group was gearing up for an IPO, critical voices were raised (publicly and privately) about its prospects for a successful float even in today’s relatively frothy environment. Well lo and behold: German Startups Group, which has stakes in the likes of Delivery Hero, […]
United Internet, a German ISP and web hosting juggernaut (owners of 1&1, Sedo, Versatel, Mail.com and more), is considering taking its “Business Applications” segment public in approximately two years, the company announced this morning (also see Reuters’ coverage). The business unit is expected to contribute sales of around €600 million in fiscal 2015 alone. United […]
Kainos, a nearly 30-year old provider of IT services, consulting and software solutions headquartered in Belfast, Northern Ireland, this morning priced its IPO at 139 pence per share. The company expects to list on the Main Market of the London Stock Exchange in the morning of 10 July 2015. The offer is expected to raise […]
After Rocket Internet, Zalando and more recently Windeln.de, the Frankfurt Stock Exchange is getting ready to list another German company in the technology space. German Startups Group, a VC investment firm with stakes in high fliers such as Delivery Hero, SoundCloud and Mister Spex, as well as promising German startups like JUNIQUE, Book A Tiger, […]
German e-commerce company Windeln.de has gone public on the Frankfurt stock exchange today, in another European tech IPO that’s largely remained under the radar so far (also see the recent IPO of Swedish eye-tracking tech company Tobii). A total of 11.4 million shares were placed in the Windeln.de IPO. The total issue volume, including greenshoe, […]
German startup incubator Rocket Internet has priced its IPO at the high end of the earlier announced price range, giving it a valuation of approximately $8.5 billion. Rocket shares start trading tomorrow.