Deliveroo plans a London stock market listing that could value the British food delivery firm at around $7 billion and mark the biggest new share issue in Britain in three years.
The Deliveroo IPO is one of the most eagerly watched-for initial public offerings (IPOs) expected in London in the first half of 2021, after petcare firm IVC Evidensia abandoned its immediate IPO plans in favour of private funding.
Goldman Sachs and JP Morgan are leading the deal, while Bank of America, Citi, Jefferies and Numis are also part of the syndicate of banks managing the transaction, sources told Reuters earlier this year.
Read more at Reuters
