Delivery Hero wants to sell its stake in British rival Deliveroo. The Berlin-based start-up has been in business for less than three years.
At Monday's closing price of 1.22 pounds sterling, the shares are worth 83 million pounds (97 million euros) In Great Britain, the two companies have no longer been in direct competition with each other since Delivery Hero withdrew in 2019. The investment banks Barclays, Goldman Sachs and Morgan Stanley have the task of placing the shares with investors overnight.