2023-09-28 17:01:29
BMW Upgrades iDrive System in X1, iX1, and 2 Series Active Tourer for November ProductionFood delivery giant Deliveroo announced on Thursday that it has proposed a tender offer of up to £250 million to its shareholders, with a share price ranging from 115 pence to 135 pence.
New Satellite Technologies Revolutionize Global Communications: Orbiting the FutureShares in Deliveroo experienced a significant increase of 8.8% in London on Thursday morning, reaching 120p per share.
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Deliveroo, based in London, has made £250 million available to be returned through the purchase of up to 217.4 million ordinary shares, providing a premium of 6% to 24% over the closing price on Wednesday.
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The tender offer is subject to shareholder approval and is set to open on Friday, with a closing date on October 27. The company anticipates dispatching the proceeds in early November.
The Changing Farming Landscape: Low HP Tractors Revolutionize Agriculture in 2023-2028According to Morningstar analysts, Deliveroo shares have a fair value estimate of 215p.
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