Deliveroo Kicks Off $2.5 Billion IPO, U.K.’s Largest in 2021
- Shares are offered at 3.90 pounds to 4.60 pounds apiece
- IPO is latest in London’s booming market for new listings
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Food-delivery startup Deliveroo Holdings Plc started taking investor orders in a share sale of as much as 1.77 billion pounds ($2.45 billion), marking the largest initial public offering in the U.K. since September.
Deliveroo is selling shares at 3.90 pounds to 4.60 pounds apiece, according to a statement Monday, valuing the company at 7.6 billion pounds to 8.8 billion pounds.