Asset managers line up to shun Deliveroo IPO - reports

L&G latest to turn away listing order

James Baxter-Derrington
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Deliveroo's IPO has come under fire following claims it paid its workers less than mininum wage
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Deliveroo's IPO has come under fire following claims it paid its workers less than mininum wage

Several asset managers have voiced their concern over social and governance issues at Deliveroo, leaving the food delivery group short of key institutional investors days ahead of its IPO.

The UK's largest fund manager was the latest to add its hesitance to the mix, as Legal & General Investment Management (LGIM) told the Financial Times it was "unlikely to participate" in the IPO across...

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