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Delivery Hero's Talabat to launch over $1 bln Dubai IPO next week, sources say

Markets,World

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DUBAI, Nov 8 (Reuters) - Talabat, the Middle East business of Delivery Hero (DHER.DE) , plans to kick off its Dubai initial public offering next week, three people familiar with the plans told Reuters, in one of the UAE's biggest IPOs this year. The deal, flagged by the German parent to launch in the fourth quarter, could start as soon as Monday, two of the sources said. It could see the largest food ordering business in the Middle East sell stock worth more than $1 billion, according to two of...

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