Investors turn tough on IPOs after Deliveroo horror show

Sam Kerr

April 08, 2021 03:45 PM

2BD164G Royal Exchange, London, UK. 6th March, 2020. A deliveroo courier cycles past the Royal Exchange in the City of London, on deserted streets which would normally be full of people in the morning rush hour. Most people have heeded the UK Government rules about the Corona virus lock down and stayed at home. Credit: Tom Leighton/Alamy Live News | Alamy Stock Photo

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.

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Topics

Equity IPOs LevFin Equity UK Europe Private Equity EMEA

SK

Sam Kerr