Tag «two Brazilian»

Rocket Internet participates in financing round of Global Fashion Group and agrees to contribute its shareholding in two Brazilian e-commerce businesses

Rocket Internet SE (“Rocket Internet”) today announced that it is participating in a EUR 150 million internal financing round in Global Fashion Group (“GFG”). Rocket Internet will invest its pro rata share of the financing round amounting to EUR 37 million and has undertaken to guarantee an additional part of the financing round amounting to …