Good morning: The takeaway group Deliveroo is to price its float at the bottom of the range as the debate about its valuation continues to rage. The company is to price its shares at between 390p and 410p a share when it lists on Wednesday, valuing it at between £7.6 billion and £7.85 billion. The group had said it was seeking a valuation of between £7.6 billion and £8.8 billion when it announced plans for the controversial float this month. Sponsored“Deliveroo is choosing to price responsibly within the initial range and at an entry point that maximises long-term value for our new institutional and retail investors,” a spokeswoman said. In an interview in today’s Times Britain’s leading technology investor states that he will not be

Source: The Times March 29, 2021 07:30 UTC