Deliveroo to Raise $1.4 Billion in IPO After Lockdown Surge

Food-delivery company Deliveroo is seeking to raise 1 billion pounds ($1.4 billion) in a London stock market listing, buoyed by a rise in demand for its services during lockdowns. Besides the 1 billion pounds of new stock, existing investors plan to sell shares, Deliveroo said in a statement Monday, without providing details. Deliveroo, whose backers […]

London IPOs Ride Toward Record First Quarter With Deliveroo

Initial public offerings in the U.K. are firmly on course for a record first quarter, even before any intervention from regulators. This year, listings in the U.K. have raised 4.6 billion pounds ($6.3 billion), data compiled by Bloomberg show. With food-delivery company Deliveroo, consumer review platform Trustpilot Group Plc and infrastructure fund Digital 9 expected […]

London to Join SPAC Boom in Post-Brexit Market Overhaul

The U.K. is set to allow blank-check firms to join its stock markets as part of wide-ranging reforms to boost the attractiveness of London after Brexit. Company founders will also be able to keep greater control when they list their businesses in the city, according to a state-backed report published late Tuesday. London Stock Exchange […]

Will the London Stock Exchange follow the NASDAQ into promoting SPACs?

Special Purpose Acquisition Companies, otherwise known as SPACs, have seen intense investor interest in the past year. Now some major players in the UK financial markets are calling for a similar setup to take place on the London Stock Exchange. This could bring a much-needed boost to the UK capital markets. A SPAC allows a […]

European IPOs mark best start to year since 2015 with €8bn haul

A flurry of tech and ecommerce listings have given Europe’s market for initial public offerings its best start to the year since 2015, as extended pandemic lockdowns fuel investor enthusiasm for digital companies. So far this year, companies listing on European stock exchanges including London’s have sold €8.4bn in equity through 16 deals, according to […]

London IPOs Drive Europe’s Listings Boom With New Crop of Deals

MGC Pharmaceuticals readies LSE’s first medical cannabis float. Auction Technology Group, Digital 9, NextEnergy line up IPOs. February is shaping up to be another busy month for London listings, building on its best start to a year since the global financial crisis as four firms laid out plans Monday for U.K. initial public offerings. Medical […]