Deliveroo receives buyout proposal from DoorDash at 180 pence per share

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British meal delivery company Deliveroo said on Friday it had received a proposal from DoorDash on April 5 to buy all of its shares for 2.7 billion pounds ($3.60 billion).

DoorDash will need to make a firm offer for the company by May 23.

In June 2024, DoorDash expressed interest in acquiring Deliveroo, but talks ended due to valuation disagreements.

Doordash did not immediately respond to a Reuters request for comment.

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Deliveroo receives buyout proposal from DoorDash at 180 pence per share


British meal delivery company Deliveroo said on Friday it had received a proposal from DoorDash on April 5 to buy all of its shares for 2.7 billion pounds ($3.60 billion).

DoorDash will need to make a firm offer for the company by May 23.

In June 2024, DoorDash expressed interest in acquiring Deliveroo, but talks ended due to valuation disagreements.

Doordash did not immediately respond to a Reuters request for comment.

Discover the stories of your interest

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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