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UK's Deliveroo gets $3.6 billion buyout proposal from DoorDash

  • Deliveroo shares increased by 16% after receiving a £2.7 billion takeover proposal from DoorDash on April 5.
  • The Deliveroo board indicated they would likely recommend a 180p per share deal to shareholders if terms are agreed.
  • Deliveroo has suspended its £100 million share buyback program amid the takeover discussions.
  • DoorDash is required to submit a firm offer by May 23, with no certainty that an offer will ultimately be made.
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  • 57% of the sources are Center
57% Center
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Bloomberg broke the news in United States on Friday, April 25, 2025.
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