Rocket Internet plans capital increase worth 7.8 percent of shares

Ecommerce company Rocket Internet, which only held its initial public offering three months ago, said on Thursday that the company plans a capital increase by issuing new stock representing 7.8 percent of its outstanding share base. The number of shares issued and their placement price will be revealed this Friday, the company said. Rocket said the new shares will offered exclusively to institutional investors in a private placement by way of an accelerated bookbuilding process. It said existing