Deliveroo narrows price range ahead of market debut in London

Photographer: Simon Dawson/Bloomberg

Food delivery group Deliveroo has narrowed the price range on its initial public offering, ensuring its order books were fully covered for what will be London‘s biggest IPO in a decade.

The London-based company, founded by boss William Shu in 2013, could be valued at up to 7.85 billion pounds ($10.85 billion) in its stock market debut on March 31.

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