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June 25, 2010 3:00 am
There are many mouths to feed out of the Ocado float, as it goes shopping for the well-heeled investor.
The existing investors, including Tetra Pak heir Jörn Rausing and Goldman Sachs, have an array of bankers manning the checkouts to sell a mere £200m worth of new stock and £200m of old stock.
UBS has the team of Tim Waddell , Christopher Smith and Craig Calvert while JPMorgan has Laurence Hollingworth , Nick Garrett and James Seagrave on duty. Never mind another four Goldman Sachs bankers: Phil Raper , Daniel Yealland ; Richard Cormack and Adrian Beidas .
Ocado chairman Michael Grade will need them to ensure successful delivery.
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