Domino's Pizza Group to Buy Back Up to GBP70 Million in Shares
By Michael Susin Domino's Pizza Group said it has launched a share buyback program of up to 70 million pounds ($88.2 million) with immediate effect. The...
Source: marketwatch.com
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Amazon-Backed Deliveroo Is Now Worth $7 Billion. Watch for the IPO Soon.
Like its food-delivery peers such as Uber Eats, owned by Uber Technologies (UBER), Deliveroo has enjoyed a massive boost in sales from the Covid-19 pandemic, with millions of housebound people ordering in meals. However, Deliveroo initially suffered at the beginning of the pandemic because its partner restaurants themselves were closed. The CMA said that the company met the criteria for a “failing firm” before its finances rebounded in April as restaurants reopened. What’s new. Deliveroo said on Sunday that it had secured $180 million after the completion of a funding round from...
Source: barrons.com