The High Court has approved Deliveroo’s £2.9 billion takeover by US food delivery group DoorDash.
The High Court has approved Deliveroo’s £2.9 billion takeover by US food delivery group DoorDash.
Deliveroo Posts Strong Interim Results, but Shares Flat Following DoorDash Takeover Approval
Deliveroo has agreed to be acquired by its U.S. rival DoorDash in a deal valued at £2.9 billion.
Deliveroo employees are set for a £65 million windfall as the company moves toward a £2.7 billion sale to US rival DoorDash.
Shares in the food delivery company Deliveroo rose by 17% at the start of trading in London, following the announcement of a takeover approach from U.S.-based competitor DoorDash.
Deliveroo PLC (LON: ROO) shares may have wobbled on results day, but Deutsche Bank believes the market has misjudged the situation. The bank reaffirmed its ‘Buy’ rating, projecting a 50%
The London-listed food delivery giant Deliveroo has terminated 105 workers for illegally sharing their rider accounts with undocumented migrants, the company informed MPs.