Markets

Deliveroo set for £7.6bn London IPO: source close to the matter

Deliveroo's initial public offering due Wednesday will be priced at £3.90 per share.

Published March 30, 2021 Updated March 30, 2021 01:16pm

1 min

By AFP

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LONDON: Britain's Deliveroo faces a stock market launch that will value the app-driven meals delivery firm at £7.6 billion, a source close to the matter said Tuesday.

Deliveroo's initial public offering due Wednesday will be priced at £3.90 per share, according to the source, giving it a valuation worth 8.9 billion euros or $10.5 billion.

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