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KM Financial Solutions | Takeaway app Delivery Hero joins European index in tech-heavy rejig
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Takeaway app Delivery Hero joins European index in tech-heavy rejig

28 Nov Takeaway app Delivery Hero joins European index in tech-heavy rejig

Posted at 15:13h in News by
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* Delivery Hero to join STOXX 600
* Tech, industrials dominate joiners
* Hikma, Provident demoted from index

By Helen Reid
LONDON, Nov 29 (Reuters) – German takeaway app Delivery
Hero, which listed five months ago, will join the STOXX 600
benchmark index in December as rapidly rising tech stocks
dominate its quarterly reshuffle.
Delivery Hero’s stock is up by around 40 percent
from its IPO price, raising its market capitalisation to 6.7
billion euros ($7.9 billion).

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