KINNEVIK: Rocket Internet, Zalando against Frankfurt listing in Sep- RTRS
2014-08-22 12:23
(SIX) German e-commerce company Rocket Internet and Zalando, partly owned by the Swedish Kinnevik, is about to announce plans for future IPOs on the Frankfurt Stock Exchange. Both companies will reportedly will announce its plans for the first half of September. It writes Reuters, referring to several sources familiar with plans. According to the sources Zalando will have a view of achieving the 900 million euro through the listing while Rocket Internet aiming for 800 million. Swedish investment company Kinnevik owns 18.1 percent of the Rocket Internet and 36 percent of Zalando. Louise Thorslund mailto: louise.thorslund@six-group.se www.blogg.six.seSIXNews SIX News
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