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Global Fashion Group IPO mostly backed by existing shareholders

FRANKFURT (Reuters) – Global Fashion Group (GFG) (GFG.DE) raised less than half the sum it had originally targeted in an initial public offering of …Read more


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Global Fashion Group IPO mostly backed by existing shareholders

FRANKFURT Reuters – Global Fashion Group GFG GFGDE raised less than half the sum it had originally targeted in an initial public offering of new shares that drew weak investor demand and ended up being mostly backed by its existing shareholders
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Retailer Global Fashion Group to list in Frankfurt as soon as July

Global Fashion Group the emerging markets-focused online fashion retailer We are not seeking to create an opportunity for our existing shareholders to sell down he added We are really looking to raise more capital to keep building the next
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Startup Incubator Rocket Internet closes 129 down in German IPO debut

Using IPO proceeds to turn into operating company Last week Rocket Internet had mentioned that it plans to use most of its IPO proceeds to launch new businesses and provide further investment to its existing fashion e-commerce roll-up Global Fashion Group
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Rocket-backed furniture site Westwing plans Frankfurt IPO Reuters

which had a shaky start after listing in 2014 but has seen its share price rise by more than a third this year The biggest remaining Rocket businesses yet to go public are Global Fashion Group which sells clothes and shoes in emerging markets
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UK Online Fashion Retailer Joins Wave Of IPO Filings

Private equity and venture capital-backed Farfetch which operates an online fashion that existing shareholders will also be selling shares in the IPO though it doesnt spell out which ones or how many shares The company lists Kadi Group Holding
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Rocket Internet And Kinnevik Add 167M More To GFG Roll In 2 Brazilian Fashion Portals

Rocket Internets Global Fashion Group GFG an umbrella group that houses smaller than past investments in GFG companies suggests that an IPO is close and that existing shareholders are maneuvering themselves and their investments in
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