FRANKFURT: The German start-up incubator Rocket Internet, which is to go public next month, said yesterday it may list some of the companies it is nurturing in the future.
“It may be that some of our larger companies which we’ve financed directly in the past ... will be listed over time. But that’ll be the exception rather than the rule,” founder and chief executive Oliver Samwer told a news conference.
Rocket Internet, which was set up in 2007, plans to raise up to €1.48bn via its own initial public offering (IPO) on October 9. It hopes to use the cash to “fund future growth opportunities”.
AFP
