Deliveroo trims valuation amid City revolt over IPO

Yahoo Finance2021-03-29

Deliveroo is set to price its initial public offering below the top end of its range, following a revolt from the City of London over the company's treatment of drivers.Deliveroo is set to announce ...

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精彩评论

weewaaweewaa
2021-03-29
weewaaweewaa
Ok
kevinlaisq
2021-03-29
kevinlaisq
Please comment and like. Thanks
banatato
2021-03-29
banatato
buy
StonkerLL
2021-03-29
StonkerLL
What co is this
Vin309
2021-03-29
Vin309
Ok
四叶草们
2021-03-29
四叶草们
O
- Vin309:
  Ok

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The food delivery startuppreviously set a range of £3.90 to £4.90, valuing the business at between £7.6bn and £8.8bn.The loss-making startup said on Monday it was narrowing its share price range to between £3.90 and £4.10, citing \"volatile\" market conditions. The new range gives the company a market cap range of between £7.6bn and £7.85bn.\"Given volatile global market conditions for IPOs, Deliveroo is choosing to price responsibly within the initial range and at an entry point that maximises long-term value for our new institutional and retail investors,\" a spokesperson said.The decision to lower its potential valuation comes amid a revolt among institutional investors over the company's treatment of drivers. 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