Rocket Internet SE is listed on the Frankfurt Stock Exchange (ISIN DE000A12UKK6, RKET). Disclaimer: This document is being presented solely for informational purposes and should not be treated as giving investment advice.
It is not intended to be (and should not be used as) the sole basis of any analysis or other evaluation.
• Divestiture of non-core takeaway food businesses for €125 million • Transactions further reduce complexity of Rocket Internet • LPV including net cash position remains at €7.2 billion as of 30 November 2015 Berlin 5.
February 2016 - Rocket Internet SE (“Rocket Internet” or “the Company”) today announces the divestiture of certain non-core takeaway food operations owned by the Company and foodpanda Group (“foodpanda”) to Just Eat plc for €125 million (the “Transaction”) in cash.
Neither Rocket Internet SE nor any other person shall assume any liability whatsoever (in negligence or otherwise) for any loss howsoever arising from any use of this presentation or the statements contained herein as to unverified third person statements, any statements of future expectations and other forward-looking statements, or the fairness, accuracy, completeness or correctness of statements contained herein, or otherwise arising in connection with this presentation.
About Rocket Internet Rocket Internet incubates and invests in internet and technology companies globally.
Actual events may differ significantly from any anticipated development due to a number of factors, including without limitation, changes in general economic conditions, in particular economic conditions in the markets in which Rocket operates, changes affecting interest rate levels, changes in competition levels, changes in laws and regulations, environmental damages, the potential impact of legal proceedings and actions and Rocket’s ability to achieve operational synergies from acquisitions.Rocket Internet has sold its takeaway food businesses in Spain (La Nevera Roja) and Italy (Pizza Bo & hellofood Italy), while foodpanda has sold its businesses in Brazil (hellofood Brazil) and Mexico (hellofood Mexico).The transaction is in line with Rocket Internet’s strategy to divest non-core operations that are not market-leading.The sale of La Nevera Roja and Pizza Bo further reduces the complexity of Rocket Internet.The LPV including cash remains at the latest disclosed figure of €7.2billion as of 30 November 2015.