.30 Mar 2021 12:40
Deliveroo set for GBP7.6 billion London IPO, at bottom of price range
Tue, 30th Mar 2021 09:00Alliance News
(Alliance News) - Deliveroo PLC faces a stock market launch that will value the app-driven meals delivery firm at GBP7.6 billion, a source close to the matter said Tuesday.
Deliveroo's initial public offering due Wednesday will be priced at GBP3.90 per share, according to the source.
On Monday, Deliveroo narrowed its share price range to between GBP3.90 and GBP4.10 per share.