By Ian Walker and Nina KienleShares in Deliveroo and peer Delivery Hero fell in early trade after the latter sold its entire shareholding in the former for about 76.8 million pounds ($97.6 million). Deliveroo shares at 0826 GMT were down 5.25% at 115.50 pence; Delivery Hero shares were down 7.3% at EUR20.94. Deliveroo shares were up 24% over the past 12 months while Delivery Hero shares were down 72%.

Source: Wall Street Journal January 30, 2024 19:55 UTC