Deliveroo looks to sell $1.4b new shares in what may be biggest London IPO in 7 years

Deliveroo looks to sell $1.4b new shares in what may be biggest London IPO in 7 years

A man walks past the London Stock Exchange in the City of London October 11, 2013. REUTERS/STEFAN WERMUTH

Deliveroo said on Monday that it plans to sell around 1 billion pounds ($1.39 billion) of new shares in its upcoming initial public offering (IPO), as it began marketing what is expected to be the biggest London listing in more than seven years.