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UK's Deliveroo to be bought by US firm DoorDash for £2.9bn
Deliveroo, the food delivery app, has agreed to be taken over by US giant DoorDash in a deal valuing the business at £2.9bn. The deal is the latest example of a UK-listed company being taken over by a US firm. The tie-up will lead to company with a presence in more than 40 countries serving about 50 million users a month.
Key investors at the time said they would not invest in Deliveroo’s float because of its dual-class share structure, which ...
Deliveroo’s 2021 flotation had been tipped as London’s hottest IPO. Within days it was rebranded one of the worst in history.
DoorDash to acquire UK-based Deliveroo in a £2.9bn all-cash deal, marking the end of Deliveroo’s turbulent run as a ...
For Deliveroo, it’s the end of independence. For DoorDash, it’s a bold bet on Europe’s fragmented but still-growing food ...
Tony Xu has picked a good time to chow down on a rival. The DoorDash chief executive has offered to gobble up Deliveroo , ...
9don MSN
Shares of Deliveroo, the food delivery service based in London, are hitting three-year highs after it received a $3.6 billion ...
On a day of frenzied takeover activity, Will Shu's food delivery firm accepted an offer worth 180p a share from DoorDash.
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