Deliveroo to be valued at £7.6bn on its stock market debut following investor backlash over staff working conditions By Matt Oliver For The Daily Mail Published: 22:17 BST, 30 March 2021 | Updated: 22:17 BST, 30 March 2021 Deliveroo will make its long-awaited stock market debut today, valued at £7.6billion. The final figure, equivalent to … Read more
Deliveroo’s founder may be about to pocket up to £500million from its £7.6billion stock flotation, but shy and single Will Shu is still expected to be out on his bike delivering food for the company tomorrow. Most entrepreneurs about to take home approaching half a billion pounds would have already have put money down on a mansion … Read more
Deliveroo’s founder may be about to pocket up to £500million from its £7.6billion stock flotation, but shy and single Will Shu is still expected to be out on his bike delivering food for the company tomorrow. Most entrepreneurs about to take home approaching half a billion pounds would have already have put money down on a mansion … Read more
Deliveroo has said it will price shares for its highly anticipated stock market listing towards the bottom of its price range due to ‘volatile’ market conditions. It comes after a week in which a raft of leading fund managers said they will reject the listing – which could be the UK’s biggest for a decade … Read more
RUTH SUNDERLAND: Why are fund managers singling out Deliveroo while investing in other companies engaging in questionable behaviour? How fascinating that some of the UK’s leading investors have succumbed to a fit of pearl-clutching over Deliveroo’s employment practices Top fund managers, including Aviva, M&G and Legal & General, are shunning the float This sudden concern … Read more
If you, like many of us, exhausted your recipe repertoire days into lockdown, HelloFresh’s Laurent Guillemain may have a solution for you. The meal kit giant has been supercharged by the pandemic with its offer of convenience for homebound Brits. The son of a Frenchman says HelloFresh’s business model means not only ditching the weekly … Read more
Russian-Israeli billionaire who faced controversy over his stakes in Twitter and Facebook set to make nearly £70m from the blockbuster float of Deliveroo By Alex Lawson, Financial Mail On Sunday Published: 21:50 GMT, 27 March 2021 | Updated: 22:41 GMT, 27 March 2021 A Russian-Israeli billionaire who faced controversy over his stakes in Twitter and … Read more
A host of Britain’s biggest fund managers have snubbed Deliveroo’s stock market float amid growing concern over the treatment of its workers. Aberdeen Standard, Legal & General and M&G joined Aviva in shunning what looks like being the biggest London listing in a decade. In a further setback, CCLA, which manages funds for the Church … Read more
ALEX BRUMMER: Funds take the high road over Deliveroo… but they’re not worthy of a sainthood just yet By Alex Brummer for the Daily Mail Published: 21:50 GMT, 25 March 2021 | Updated: 22:35 GMT, 25 March 2021 Aviva, rapidly followed by Aberdeen Standard, has run up the fashionable environmental, social and governance (ESG) flag … Read more
Two of Britain’s biggest investors will refuse to buy shares in Deliveroo when it launches on the stock market next month because of concerns about how they treat staff. The UK’s third most popular takeaway delivery service, behind UberEats and Just Eats, hopes to be valued at up to £8.8billion when it lists its shares … Read more