Deal

United States of America

04-2019

£150M

Jumia Technologies AG

Noerr LLP
Sullivan & Cromwell LLP

Morgan Stanley
Citigroup Inc.
Berenberg Bank
RBC Capital Markets LLC
Raymond James Financial Inc.
Stifel Financial Corporation
William Blair & Company LLC

Latham & Watkins LLP

DEAL: Jumia offered 13,500,000 ADSs as their initial public offering in New York. The initial public offering price of the ADSs was USD 14.50 per ADS.The company has been approved to list ADSs on the New York Stock Exchange. The transaction was supported by underwriters such as Morgan Stanley, Citigroup Global Markets and Berenberg Capital Markets. Other banks included RBC Capital Markets, Raymond James & Associates, Stifel Nicolaus & Company and William Blair & Company.

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