Deliveroo, the Amazon (NASDAQ:AMZN) backed U.K. food delivery company, announced on Monday it will price its initial public offering in a range of $5.39 to $6.35 per share. If it goes public at that price range, it would value the company at nearly $12 billion.
Founded in 2013, Deliveroo announced it would go public on the London Stock Exchange with a time-limited, dual-class share structure that will ensure founder and CEO Will Shu retains a large role in moving the company forward.
“We are...
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