DoorDash Agrees to Buy Deliveroo in $3.9 Billion Deal

Bloomberg News

Summary

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The deal will give the combined food delivery service a presence in over 40 countries, serving around 50 million monthly active users.
Hürriyet Daily News
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Deliveroo shares fell in March after earnings forecast far below analysts’ estimates
Gulf News
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San Francisco-based DoorDash will pay 180p a share in cash for London-listed Deliveroo.
The Independent
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This proposal represents a 29 per cent premium to the London-listed group's closing share price on the day before the offer period started and a 44 per cent premium prior to sending its initial offer letter to Deliveroo.
Daily Mail

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updated 88:88

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