Deliveroo has slashed the value of its stock market listing by up to £1.2billion as concerns rise over workers’ rights.
The online takeaway giant could still be worth from £7.6bn to £7.85bn from the share sale launching tomorrow.
However, that compares with an upper target of £8.8bn announced last week.
Since then a wave of big UK investors said they would snub the listing as rights of workers become a focus.
This story is from the March 30, 2021 edition of Daily Mirror.
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This story is from the March 30, 2021 edition of Daily Mirror.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
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