Deliveroo reaches agreement on £2.9bn DoorDash takeover May 6, 2025 The board of Deliveroo has said it has “reached agreement” on the terms of a takeover offer by US rival DoorDash as it prepares to exit the London Stock Exchange. The offer of 180p per share represents a premium of 44 per cent on Deliveroo’s closing share price on the day prior to the acquisition, [...]
Deliveroo suspends share buyback programme amid Doordash offer April 28, 2025 Deliveroo has suspended its £100m share buyback programme after receiving a proposal from US-rival Doordash. The takeaway giant had unveiled the programme, which would have brought its shareholder returns to £550m since 2023, in its March full-year results. Deliveroo said it could recommence the programme at a later date. On April 25 the company confirmed [...]
Deliveroo approach from Doordash failed but analysts say it ‘may only be the start’ June 26, 2024 Deliveroo, which has long been seen as a target for a merger or acquisition, may not have agreed to a deal this occasion, but analysts at Jefferies said the approach "may only be the start".
Deliveroo, Just Eat Takeaway, Delivery Hero, and Doordash lose nearly £16bn over seven years May 29, 2024 Europe and the US's top online food delivery companies have lost over $20bn (£15.6bn) in operating losses over the past seven years.