© Reuters. Food delivery group HelloFresh prepares autumn flotation: sourcesFRANKFURT (Reuters) - Online food delivery group HelloFresh is preparing a stock market flotation in autumn as it seeks to benefit from buoyant equities markets, people familiar with the matter said.
Its owners including German e-commerce group Rocket Internet and Insight Venture Partners have mandated Morgan Stanley (NYSE:MS) and Goldman Sachs (NYSE:GS) to organize the listing, the people said.
The IPO, which may take place as early as October may value the company at more than 1 billion euros ($1.09 billion), one of the people said.
The banks declined to comment, while Rocket Internet and Insight were not immediately available for comment.
