Ocado raises £1bn for growth as Covid-19 boosts online sales

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Ocado raises £1bn for growth as Covid-19 boosts online sales

Aidan Gregory
June 11, 2020 12:30 pm
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A Ocado delivery driver after dropping off food shopping outside a customer home during the Covid 19 pandemic. | Steven Paston/EMPICS Entertainment

Ocado, the UK online grocery delivery platform, has raised £1bn by selling new shares and convertible bonds to fund its expansion plans amid a huge increase in demand for its services during the Covid-19 pandemic.

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CoronavirusJP MorganHealth and BiotechEquityABBs-Block TradesUKEuropeEMEASRIGoldman SachsEquity-Linked
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