BrokerDealer Blog » Frankfurt Stock Exchange http://brokerdealer.com/blog Tue, 22 Oct 2019 12:20:21 +0000 en-US hourly 1 https://wordpress.org/?v=3.9.40 Initial Public Offering for Rocket Internet plans for end of year launch http://brokerdealer.com/blog/initial-public-offering-rocket-internet-plans-end-year-launch/ http://brokerdealer.com/blog/initial-public-offering-rocket-internet-plans-end-year-launch/#comments Fri, 12 Sep 2014 15:45:52 +0000 http://brokerdealer.com/blog/?p=562 Brokerdealer.com blog post comes courtesy of techcrunch.com  After much speculation, German super-incubator and clone factory Rocket Internet has confirmed that it plans to launch an initial public offering later this year on the Frankfurt Stock Exchange. Rocket Internet intends to raise up to $970 million in the IPO and plans to use the proceeds to “finance its future […]

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]]> Brokerdealer.com blog post comes courtesy of techcrunch.com 

After much speculation, German super-incubator and clone factory Rocket Internet has confirmed that it plans to launch an initial public offering later this year on the Frankfurt Stock Exchange. Rocket Internet intends to raise up to $970 million in the IPO and plans to use the proceeds to “finance its future growth through the launch of new businesses and [provide] further equity capital to its network of companies.”

All of Rocket Internet’s existing shareholders, including Global Founders (the investment vehicle of Rocket Internet’s founder and CEO Oliver Samwer and his brothers), Investment AB Kinnevik, Access Industries, Philippine Long Distance Telephone Company, United Internet, and HV Holtzbrinck Ventures, will continue to remain invested in the company and not sell any shares as part of the offering, which will consist only of new shares.

Signs that Rocket Internet’s IPO was forthcoming include the recent consolidation of five of the fashion brands it has established in emerging markets, creating a single entity worth $3.5 billion called Global Fashion Group. The merged companies were Dafiti (Latin America), Jabong (India), Lamoda (Russia and CIS), Namshi (Middle East), and Zalora (Southeast Asia and Australia). Once the deal closes, the three largest shareholders in GFG will be Kinnevik (25.1 percent), Rocket (23.5 percent), and Access Industries (7.4 percent).

Continue reading the rest of the story at techcrunch.com

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]]> http://brokerdealer.com/blog/initial-public-offering-rocket-internet-plans-end-year-launch/feed/ 0 Canada Medical Marijuana Co. Floats Shares on Frankfurt Exchange http://brokerdealer.com/blog/canada-medical-marijuana-co-floats-shares-on-frankfurt-exchange/ http://brokerdealer.com/blog/canada-medical-marijuana-co-floats-shares-on-frankfurt-exchange/#comments Sat, 09 Aug 2014 17:01:19 +0000 http://brokerdealer.com/blog/?p=446 Vodis Pharmaceuticals Inc. (the “Company” or “Vodis”) (CSE: VP FSE: 1JV)  announced that it has listed its common shares on the Frankfurt Stock Exchange (FWB) under the ticker symbol “1JV ” and the International Securities Identification Number (ISIN): CA92858L1031. The Frankfurt Stock Exchange is the world’s third-largest (behind only the Nasdaq Stock Market and New […]

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]]> vodisVodis Pharmaceuticals Inc. (the “Company” or “Vodis”) (CSE: VP FSE: 1JV)  announced that it has listed its common shares on the Frankfurt Stock Exchange (FWB) under the ticker symbol “1JV ” and the International Securities Identification Number (ISIN): CA92858L1031. The Frankfurt Stock Exchange is the world’s third-largest (behind only the Nasdaq Stock Market and New York Stock Exchange) organized exchange-trading market in terms of turnover and dealings in securities. The Company’s shares continue to trade on the Canadian Securities Exchange as the primary market.stock listing on the Canadian Securities Exchange (CSE): Vodis Innovative Pharmaceuticals Inc.(CNSX:VP)

Otto Folprecht, CEO & Director states: “The listing on the Frankfurt stock exchange will help to increase Vodis Pharmaceuticals’ trading liquidity and facilitate investment in the company by European investors.”

About Vodis

Vodis is one of Canada’s foremost brand names in the medical marijuana business. Our products have consistently won or placed at each competition we have entered. The company is in the application process to become a Licenced Producer at our 12,000 square foot facility in Canada.

 

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