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Rocket Internet has sold its takeaway food businesses in Spain (La Nevera Roja) and Italy (Pizza Bo & hellofood Italy), while foodpanda has sold its businesses in Brazil (hellofood Brazil) and Mexico (hellofood Mexico).
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The transactions in Italy, Brazil and Mexico will be completed today.
It is anticipated that the transaction in Spain will be completed by the end of Q2 2016, as it is still subject to regulatory approval from the Spanish competition authority, the Comisión Nacional de los Mercados y la Competencia.
Rocket Internet SE is listed on the Frankfurt Stock Exchange (ISIN DE000A12UKK6, RKET). Disclaimer: This document is being presented solely for informational purposes and should not be treated as giving investment advice.
It is not intended to be (and should not be used as) the sole basis of any analysis or other evaluation.
Rocket Internet’s selected companies are active in a large number of countries around the world with more than 33,000 employees.
Rocket Internet SE is listed on the Frankfurt Stock Exchange (ISIN DE000A12UKK6, RKET). The management board of Rocket Internet SE (the “Company”) resolved today, with the approval of the supervisory board, to invite holders of the convertible bonds due 22 July 2022 issued by Rocket Internet SE on 22 July 2015, ISIN DE000A161KH4 (the “Bonds”) with an outstanding aggregate nominal amount of approximately EUR 289 million to make offers to sell for cash their Bonds in a reverse bookbuilding modified Dutch auction process (the “Invitation”). Rocket Internet SE (“Rocket Internet”) (ISIN DE000A12UKK6) today held its Annual General Meeting in Berlin.
Rocket does not guarantee that the assumptions underlying the forward-looking statements in this presentation are free from errors nor does it accept any responsibility for the future accuracy of the opinions expressed in this presentation or any obligation to update the statements in this presentation to reflect subsequent events.
The forward-looking statements in this presentation are made only as of the date hereof.
We are on a very good path to reach our global growth target." David Buttress, CEO, JUST EAT said: “The acquisitions from Rocket Internet and foodpanda represent a positive step forward for the global online takeaway industry enabling all parties to focus their resources on building bigger and better long term businesses in their key geographies.“ --- END --- Media Contact T: 49 30 300 13 18 68 E: [email protected] Rocket Internet Rocket's mission is to become the world's largest Internet platform outside of the United States and China.
Rocket identifies and builds proven Internet business models and transfers them to new, underserved or untapped markets where it seeks to scale them into market leading online companies.
All and any evaluations or assessments stated herein represent our personal opinions.Tags: Adult Dating, affair dating, sex dating