Six Of The UK s Largest Investment Firms Have Said They Will Reject The Chance To Buy Shares In Deliveroo s Stock Market Listing Amid Concerns Over Worker Rights

Six of the UK's largest investment firms have said they will reject the chance to buy shares in Deliveroo's stock market listing amid concerns over worker rights.
Legal & General Investment Management, the UK's largest fund manager, has become the latest to say it plans to skip the initial public offering.
Deliveroo said earlier this week it is targeting a valuation between £7.6 billion and £8.8 billion in the [/news/london/index.html London] Stock Exchange listing.
But now GIM, Daftar Situs Judi Slot Online Terpercaya Aberdeen Standard, Aviva Investors, BMO Global, CCLA and M&G have said they do not plan to invest in the takeaway delivery operator.
The fund managers said they were put off the opportunity due to factors including the working conditions of its riders and the company's recent losses.
Legal & General Investment Management, the UK's largest fund manager, has become the latest to say it plans to skip the initial public offering (file photo)
Deliveroo said earlier this week it is targeting a valuation between £7.6 billion and £8.8 billion in the London Stock Exchange listing (file photo)
 
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<div class="art-ins mol-factbox floatRHS news" data-version="2" id="mol-28469fa0-8e35-11eb-88d2-0fc8c2ea0942" website of largest investment firms reject chance to buy Deliveroo shares