DoorDash makes a $3.6 billion offer to buy British meal delivery company Deliveroo

April 26, 2025

, By The Economic Times

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British meal ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/delivery-company” target=”_blank”>delivery company Deliveroo said on Friday it received a proposal from U.S. peer ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/doordash” target=”_blank”>DoorDash on April 5 to buy all of its shares for 2.7 billion pounds ($3.60 billion).Deliveroo announced that its board has reviewed DoorDash’s proposal of 180 pence per share and would likely recommend it to shareholders, contingent upon agreeing on the other terms of the offer.

DoorDash will need to make a firm offer by May 23. The company did not immediately respond to a Reuters request for comment.

JPMorgan is advising Doordash, according to a source…

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DoorDash makes a $3.6 billion offer to buy British meal delivery company Deliveroo

April 26, 2025

, Published By The Economic Times

British meal ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/delivery-company” target=”_blank”>delivery company Deliveroo said on Friday it received a proposal from U.S. peer ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/doordash” target=”_blank”>DoorDash on April 5 to buy all of its shares for 2.7 billion pounds ($3.60 billion).Deliveroo announced that its board has reviewed DoorDash’s proposal of 180 pence per share and would likely recommend it to shareholders, contingent upon agreeing on the other terms of the offer.

DoorDash will need to make a firm offer by May 23. The company did not immediately respond to a Reuters request for comment.

JPMorgan is advising Doordash, according to a source…

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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Previous News

Elon Musk’s XAI Holdings is in discussions to raise $20 billion

Next News

Should we start taking the welfare of AI seriously?

The Economic Times

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