Deliveroo shares surge after £2.7bn DoorDash takeover move
Founder Will Shu could net £172m in potential deal as biggest US food delivery app looks t0 global expansionBusiness live – latest updatesShares in Deliveroo have popped 17% as investors reacted to a $3.6bn (£2.7bn) takeover offer by the rival food delivery app DoorDash that could net its founder more than £170m.Deliveroo said on Friday, after the UK stock market had closed, that it had received a takeover proposal from DoorDash, the biggest delivery app in the US, on 5 April. It said it would probably recommend a possible 180p per share offer to investors, if DoorDash made a firm offer. Continue reading...
Founder Will Shu could net £172m in potential deal as biggest US food delivery app looks t0 global expansion
Shares in Deliveroo have popped 17% as investors reacted to a $3.6bn (£2.7bn) takeover offer by the rival food delivery app DoorDash that could net its founder more than £170m.
Deliveroo said on Friday, after the UK stock market had closed, that it had received a takeover proposal from DoorDash, the biggest delivery app in the US, on 5 April. It said it would probably recommend a possible 180p per share offer to investors, if DoorDash made a firm offer. Continue reading...
