IPO Takeaway.com estimated valuation between eur 1 - 1,2 billion

Online food delivery marketplace Takeaway.com has announced its intention to proceed with an initial public offering and listing on Euronext Amsterdam. The IPO is expected to take place in the coming weeks.

Takeaway.com aims to raise € 175M to help fund its fight for market share in Germany. Investors Prime Ventures, which invested in 2012, and Macquarie Capital, who came on board in 2014, will sell some of their stakes in the float.

The estimated value is between 1 - 1,2 billion euro's.