Yasemin Craggs Mersinoglu / Financial Times:
Berlin-based Delivery Hero plans to sell 68.2M shares of Deliveroo, or a ~4.5% stake worth ~£83M, and does not expect to hold any Deliveroo stock afterwards — Sector has been coming under increasing pressure to demonstrate profitability as cost of capital has risen
Yasemin Craggs Mersinoglu / Financial Times:
Berlin-based Delivery Hero plans to sell 68.2M shares of Deliveroo, or a ~4.5% stake worth ~£83M, and does not expect to hold any Deliveroo stock afterwards — Sector has been coming under increasing pressure to demonstrate profitability as cost of capital has risen
Source: TechMeme
Source Link: http://www.techmeme.com/240130/p5#a240130p5