Online food delivery firm’s IPO priced at between £3.90 and £4.60 a share, valuing it at £8.8bn
Deliveroo expects its flotation to value the company at up to £8.8bn, putting it on course to be the biggest London stock market debut since Glencore nearly a decade ago.
The meal delivery service, which is backed by Amazon, said in a trading update that it is continuing to benefit from the food home delivery boom during the latest national Covid-19 lockdowns.