Rocket’s lower orbit still requires turbo-boosters

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Rocket’s lower orbit still requires turbo-boosters LiamWardProud

Rocket Internet’s chief executive is planning to de-list the German technology investor, Germany’s Manager Magazin reported on June 20.

The supervisory board of Rocket Internet has discussed the project, Manager Magazin said, adding the most likely option could be a share buyback after which Chief Executive Oliver Samwer would hold at least 75% in the company.Rocket shares were up 7.9% to 26.04 euros at 0741 GMT on June 20.

 

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