Deliveroo kicks off $2.5bn IPO, UK’s largest in 2021 ...Qatar

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Deliveroo kicks off $2.5bn IPO, UK’s largest in 2021
Food-delivery startup Deliveroo Holdings Plc started taking investor orders in a share sale of as much as 1.77bn pounds ($2.45bn), marking the largest initial public offering in the UK since September. Deliveroo is selling shares at 3.90 pounds to 4.60 pounds apiece, according to a statement Monday, valuing the company at 7.6bn pounds to 8.8bn pounds. The offering is the biggest float on the London Stock Exchange since THG Plc’s 1.88bn-pound offering in September, according to data compiled by Bloomberg. The company will take investor orders through March 30, with the stock set to start trading a day after, according to terms seen by Bloomberg News. The sale consists of as many as 384.6mn s

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