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Amazon to reduce Deliveroo stake at IPO

The fall represents a 4.3% decline from Amazonโ€™s current 15.8% stake, as roughly 23.3 million shares are to be sold, raising between ยฃ90.87m and ยฃ107.18m

Amazonโ€™s stake in Deliveroo will fall to 11.5% following the groupโ€™s IPO, according to the IPO prospectus.

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