The e-commerce investment group said on Friday
the offer period, which started on Wednesday, would now end at
1100 GMT (7:00 a.m. EDT) on Oct. 1 for institutional investors,
while private investors would have until the end of that
business day to subscribe.
The first day of trading on the Frankfurt Stock Exchange is
slated for Oct. 2 and settlement is planned for Oct. 6.
Rocket, riding the coattails of last week's successful listing
by Chinese rival Alibaba, earlier this week doubled the amount
of money it planned to raise in the share sale to 1.48 billion
euros ($1.9 billion), and the listing became fully subscribed
within the first hour of taking orders.
Founded in 2007 by brothers Oliver, Alexander and Marc Samwer,
Rocket has set up e-commerce sites and online marketplaces for
everything from taxis to meal deliveries in more than 100
countries. Its companies made about $1 billion in revenues last
year.
(Reporting by Ludwig Burger; Editing by Maria Sheahan and Mark
Potter)
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