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Amazon-Backed Deliveroo Sets IPO Price at Bottom of Expected Range

By
Mark Di Stefano
· · Source: The Information

Deliveroo, the UK restaurant and grocery delivery company backed by Amazon, has set its IPO share price at the very bottom of its initial expectation range blaming “volatile market conditions” ahead of the company’s Wednesday debut on the London Stock Exchange. Tuesday morning, the company said it would price shares at the lowest end of the range flagged to investors in recent weeks at £3.90...

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