Ocado fails to deliver but still garners praise

GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

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Ocado fails to deliver but still garners praise

UK supermarket delivery company Ocado completed its £369m IPO on Wednesday and made a shocking debut but nevertheless left much of the ECM world in awe of Goldman Sachs, JPMorgan Cazenove and UBS for their ability to get such an unpromising deal done.

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