Delivery Hero launches Talabat IPO: 15% on the Dubai Stock Exchange!

Delivery Hero launches Talabat IPO: 15% on the Dubai Stock Exchange!

An exciting weekend for the financial world! The latest developments from the corporate sector create excitement and excitement. Particular focus is on the planned stock exchange listing of Delivery Hero’s subsidiary Talabat. According to a report by Finance.ch The company will initially list 15 percent of its shares in the platform in Dubai. Approval from the UAE Securities Regulatory Authority has already been granted and listing details are expected to be released on Monday. This could be a significant step for Delivery Hero as it continues to expand into the Middle East.

But that's not all! There is also a lot of simmering in Russia. President Vladimir Putin plans to merge the country's largest oil companies to create a national champion. This would not only strengthen Putin's influence on global energy markets, but also support Russia's war economy. In one of the possible scenarios, state-backed oil giant Rosneft Oil could take control of Gazprom Neft and Lukoil. These developments could have far-reaching consequences for international energy policy.

Telefonica's lawsuit settled

In another significant step, Telefonica has settled a legal dispute with the US judicial authorities. The company will pay more than $85 million to resolve allegations of bribing officials in Venezuela in 2014. A Telefonica subsidiary has reached a settlement with federal prosecutors, providing relief for the company while reducing legal risks.

These events show how dynamic and challenging the corporate landscape currently is. While Delivery Hero is on a growth path, Russia is trying to consolidate its position in the global energy market. The developments at Telefonica also illustrate how important it is to resolve legal issues quickly in order to be able to concentrate on the core business.

A look into the future

The coming weeks will be crucial in watching these developments continue to unfold. Talabat's listing could attract new investors and stimulate the market in the region. At the same time, it remains to be seen what impact the merger of Russian oil companies will have on global oil prices and geopolitical tensions. The financial world is holding its breath as events unfold and companies try to assert themselves in an increasingly complex environment.

Overall, it is clear that the corporate landscape is characterized by constant change. The current developments are not only important for the companies involved, but also have far-reaching effects on the markets and international politics Finance.ch reported. It will be exciting to see how the situation will develop further!