Doordash Agrees to Buy Deliveroo in $3.9 Billion Delivery Deal - Bloomberg


DoorDash is acquiring the UK-based food delivery service Deliveroo for $3.9 billion, expanding its global reach.
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DoorDash Inc. has agreed to buy UK-based food-delivery platform Deliveroo Plc for an equity value of £2.9 billion ($3.9 billion), as the US company targets smaller providers in a push into more overseas markets.

DoorDash has offered 180 pence in cash for each Deliveroo share, the company said in a statement on Tuesday, confirming the terms of an offer announced on April 25. That’s a 29% premium to Deliveroo’s closing share price on April 24.

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