ESG’s Role In Deliveroo’s Rocky IPO
By EsqSocial Corporation 15/04/21
Lockdowns have fueled a surge in food-delivery businesses, so the initial public offering (“IPO”) of Deliveroo plc (“Deliveroo”) — a UK equivalent to DoorDash Inc. — on the London Stock Exchange was highly anticipated. But on its first day of public trading, Deliveroo’s stock dropped over 25%. Were ESG (Environmental, Social, and Governance) concerns to blame?......
By: Vinson & Elkins LLP