Investors turn tough on IPOs after Deliveroo horror show

By Sam Kerr
08 Apr 2021

IPO sellers are keen to revive the market in Europe after Deliveroo’s disastrous debut last week. But investors, with the food delivery company’s share price collapse still fresh in their minds, are pushing banks on valuations for new listings, reports Sam Kerr.

Predictably, this week equity capital markets bankers were expressing confidence that the crop of deals they are shepherding to market will help investors overcome hangovers from the Deliveroo debacle.

This week, fund distribution platform Allfunds, German medical technology firm Synlab, Swedish housing platform Hemnet, and Spanish renewable ...

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