Deliveroo aims for $12 billion market cap in biggest London debut in a decade

  • 📰 Reuters
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 97%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Food delivery company Deliveroo could make Britain’s biggest stock market debut since commodities giant Glencore went public nearly a decade ago, after setting a price range that values it at up to $12 billion

The Amazon-backed food delivery firm has been held up by the British government as a sign the City of London can still attract major Initial Public Offerings following the United Kingdom’s exit from the European Union.

Deliveroo will also be the biggest tech IPO on the LSE, dwarfing The Hut Group from last year -- which had a 5.4 billion pound market capitalisation at time of listing -- and the since-delisted Worldpay Group from 2015. FILE PHOTO: A Deliveroo delivery rider cycles in London, Britain, March 8, 2021. REUTERS/Toby Melville/File Photo

An announcement to investors seen by Reuters said that the deal size would be 1.5-1.6 billion pounds, rising to 1.7 billion pounds after the over-allotment of shares. In a short trading update, Deliveroo added that the total gross transaction value on its platform was up 121% in January and February this year compared to the same period in 2020.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to him johnteddy63 Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success

all those professional women need cheap labor to bring them dinner

Do a coop version.

For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to him Blakescott64 Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success

New month !!! bonus !!! Only 30 serious person's needed 💱 Work from home with your smartphone and start earning $3,200 every 48 hours and $7,600 weekly Ask me How No hidden fee No Charges involved No Scam Only serious minded person's WhatsApp number +1(978) 415-9074

I am looking for new, good friends

Why they have never made a profit, not really a good sign !

Never depend on a single Income Make $15000 weekly All by working from home Without sending money to me or anyone No captcha No limitation ASK me how +19365493101

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines