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DoorDash agrees to acquire UK rival Deliveroo for USD 3.9 billion
Indian Chronicle
|May 11, 2025
DoorDash, the ubiquitous US food delivery app, has agreed to acquire British rival Deliveroo for 2.9 billion pounds (USD 3.9 billion) in cash, expanding its business in Europe, Asia and the Middle East.San Francisco-based DoorDash will pay 180 pence (USD 2.40) for each Deliveroo share, 29 per cent more than the closing price on April 24, the day before the offer was announced, the companies said in a joint statement before the London Stock Exchange opened for trading on Tuesday.
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The deal is DoorDash’s second major international acquisition in three years as the company expands from its traditional base in the US, Canada and Australia.
Esta historia es de la edición May 11, 2025 de Indian Chronicle.
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