News Formal

Emerging market fashion ecommerce group prices Frankfurt IPO - bookrunner

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 66%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

LONDON: Global Fashion Group (GFG), the emerging markets online fashion retailer, is looking to raise 257 million euros (US$288 million)to 395 ...

LONDON: Global Fashion Group , the emerging markets online fashion retailer, is looking to raise 257 million euros to 395 million euros in an initial public offering in Frankfurt, the bookrunner on the deal said on Monday.

The company, set up by German ecommerce investor Rocket Internet and Sweden's Kinnevik, has priced its upcoming IPO at 6 to 8 euro a share, representing a market value of at 1.2 billion to 1.66 billion euros.Source: Reuters

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Hong Kong stocks rally after extradition law U-turn as Asian markets bounceHONG KONG: Hong Kong stocks rallied on Monday (Jun 17), leading most Asian markets higher after last week's losses, with investors cheering a ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Brookfield secures green loan in Perth as Asian market expandsCANADA'S largest alternative asset manager has secured a green loan for commercial towers in Australia, adding to signs that the market for such fundraising in the Asia-Pacific region is catching up with elsewhere in the world. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »