The lunch of Deliveroo onto the stock market was supposed to be a vindication not just for its founder, its financial backers, and even the Chancellor – but for its customers too. Many initial public offerings are closed to small investors. But Deliveroo opened the float to its six-million UK customer base. Some 70,000 of … Read more
Deliveroo to be valued at £7.6bn on its stock market debut following investor backlash over staff working conditions By Matt Oliver For The Daily Mail Published: 22:17 BST, 30 March 2021 | Updated: 22:17 BST, 30 March 2021 Deliveroo will make its long-awaited stock market debut today, valued at £7.6billion. The final figure, equivalent to … Read more
RUTH SUNDERLAND: Why are fund managers singling out Deliveroo while investing in other companies engaging in questionable behaviour? How fascinating that some of the UK’s leading investors have succumbed to a fit of pearl-clutching over Deliveroo’s employment practices Top fund managers, including Aviva, M&G and Legal & General, are shunning the float This sudden concern … Read more
Russian-Israeli billionaire who faced controversy over his stakes in Twitter and Facebook set to make nearly £70m from the blockbuster float of Deliveroo By Alex Lawson, Financial Mail On Sunday Published: 21:50 GMT, 27 March 2021 | Updated: 22:41 GMT, 27 March 2021 A Russian-Israeli billionaire who faced controversy over his stakes in Twitter and … Read more
If you, like many of us, exhausted your recipe repertoire days into lockdown, HelloFresh’s Laurent Guillemain may have a solution for you. The meal kit giant has been supercharged by the pandemic with its offer of convenience for homebound Brits. The son of a Frenchman says HelloFresh’s business model means not only ditching the weekly … Read more
A host of Britain’s biggest fund managers have snubbed Deliveroo’s stock market float amid growing concern over the treatment of its workers. Aberdeen Standard, Legal & General and M&G joined Aviva in shunning what looks like being the biggest London listing in a decade. In a further setback, CCLA, which manages funds for the Church … Read more
Bronze Age Deliveroo! Austrian miners had their dinners DELIVERED to their workplace 3,000 years ago, study finds Experts studied plant and cereal product remains from the 11th – 9th century BC They found no evidence of processing or preparation at the ancient mining site This suggests that the food was prepared from outside and delivered to … Read more
The FTSE is poised for its biggest company float in a decade next week, as Deliveroo joins the stock exchange. Depending on the final share price, the restaurant takeaway delivery giant could be valued at as much as £9 billion. Its debut will be a big moment for the London Stock Exchange, which has been … Read more
The FTSE is poised for its biggest company float in a decade next week, as Deliveroo joins the stock exchange. Depending on the final share price, the restaurant takeaway delivery giant could be valued at as much as £9 billion. Its debut will be a big moment for the London Stock Exchange, which has been … Read more
Deliveroo eyes £9bn valuation in biggest float for a decade: Loss-making firm is worth more than Sainsbury’s By Matt Oliver For The Daily Mail Published: 21:51 GMT, 22 March 2021 | Updated: 21:51 GMT, 22 March 2021 Deliveroo is poised to make London’s biggest stock market debut in a decade after targeting a valuation of … Read more