Deliveroo receives buyout proposal from DoorDash at 180 pence per share

British meal delivery company Deliveroo said on Friday it had received a proposal from DoorDash on April 5 to buy all of its shares for 2.7 billion pounds ($3.60 billion).

DoorDash will need to make a firm offer for the company by May 23.

In June 2024, DoorDash expressed interest in acquiring Deliveroo, but talks ended due to valuation disagreements.

Doordash did not immediately respond to a Reuters request for comment.