Delivery Hero Said to Pick Citigroup, Goldman Sachs for IPO

  • Deutsche Bank also won a mandate to work on the share sale
  • Fourth-quarter listing could raise up to 1 billion euros
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Delivery Hero Holding GmbH, the online food delivery startup partly owned by Rocket Internet SE, has picked three banks including Citigroup Inc. and Goldman Sachs Group Inc. to advise on a share listing this year, said people familiar with the matter.

Deutsche Bank AG was also mandated to work on the sale, which is planned for the fourth quarter, the people said, asking not to be named as the details aren’t public. An initial public offering of the Berlin-based company could raise as much as 1 billion euros, they said.