Overview
- DoorDash's 180p-per-share offer values Deliveroo at £2.9 billion, a 44% premium over its April 4 share price.
- Deliveroo's independent board has unanimously recommended the deal, with completion expected by late 2025 pending shareholder and regulatory approvals.
- The acquisition expands DoorDash's reach into nine European markets, bringing its total presence to over 40 countries worldwide.
- The combined entity will handle approximately £10 billion in annual orders, leveraging shared technology and operational synergies.
- Deliveroo founder Will Shu is set to receive over £170 million from the sale and will aid in the post-acquisition transition.