Food and Drink
Amazon to reduce Deliveroo stake at IPO
The fall represents a 4.3% decline from Amazon’s current 15.8% stake, as roughly 23.3 million shares are to be sold, raising between £90.87m and £107.18m
Amazon’s stake in Deliveroo will fall to 11.5% following the group’s IPO, according to the IPO prospectus.
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