11/3/2020, 4:40 PM (Source: TeleTrader)
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Deliveroo hires JP Morgan to ready UK IPO - report

Deliveroo has hired JPMorgan Chase & Co. to help the company prepare for an initial public offering (IPO) in the United Kingdom next year, Sky News reported on Tuesday, citing unnamed business sources.

Previously, the food delivery company appointed Goldman Sachs Group Inc. to advise them in the same effort, according to the report.

The London-based firm reportedly plans to go public in the first quarter of 2021.

Breaking the News / MS