BERLIN, June 3 (Reuters) – Food deliverer Delivery Hero (DHER.DE) will drop out of Germany’s blue chip inventory index DAX (.GDAXI) changed by shopper items maker Beiersdorf (BEIG.DE) from June 20, inventory market operator Deutsche Boerse (DB1Gn.DE) stated on Friday.
Just over a 12 months after being relegated from the DAX, the Nivea cream maker and Hansaplast wound care Beiersdorf replaces Delivery Hero
“For years, Delivery Hero has been writing losses and basically doesn’t operate any business or service in Germany it self,” Oldenburger stated.
However, there had been lengthy discussions in regards to the meals supply firm’s DAX suitability, stated CMC Markets analyst Konstantin Oldenburger.
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Reporting by Zuzanna Szymanska; modifying by Diane Craft
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Food deliverer Delivery Hero drops out of Germany’s blue chip index & More Latest News Update
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