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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


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2024-01-30 11:11:20
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Cybersecurity Business

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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


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