Tech
Deliveroo receives buyout proposal from DoorDash at 180 pence per share
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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.