Published:
DoorDash buys Deliveroo for £2.9b
The buyout proposal was submitted on 5 April.
US-based DoorDash and Deliveroo have reached an agreement following the buyout offer of the former to the latter.
Under the terms of the Acquisition, Deliveroo Shareholders will be entitled to receive 180 pence in cash per Deliveroo Share. The offer represents a 44% premium on Deliveroo’s closing share price of 125 pence as of 4 April 2025.
It also marks a 29% premium compared to the 140 pence closing price on 24 April 2025, the last trading day before the offer period began. The offer stands around 40% above the three-month volume-weighted average share price of 129 pence, up to that date.
