News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Investment Banking

Bankers could haul in $112m in fees from Deliveroo’s massive IPO

The Deliveroo listing could be the biggest UK IPO in two years

Deliveroo is expected to unveil a bumper IPO in the first quarter. The food delivery firm plans to list between 35% to 40% which would raise up to $2.8bn, making it the biggest London listing of the past year
Deliveroo is expected to unveil a bumper IPO in the first quarter. The food delivery firm plans to list between 35% to 40% which would raise up to $2.8bn, making it the biggest London listing of the past year Photo: Pietro Recchia/Getty Images

Investment bankers working on the expected bumper float of food delivery firm Deliveroo could bring in fees of up to $112m after the company's valuation shot up to $7bn.

The firm, set up by former Morgan Stanley banker William Shu, is expected to unveil a bumper initial public offering in the first quarter, which would provide one of the biggest fees for UK-focused equity capital markets bankers in at least two years.

WSJ Logo