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.
Russia’s government announced on Saturday that it had lifted the temporary ban on most gasoline exports supplied by producers while extending restrictions for other exporters, including independent traders and resellers,
BP shares increased following news that the United Arab Emirates state-owned oil company had shown interest in acquiring the energy giant.
The UK Supreme Court has ruled that Deliveroo riders are not eligible for collective wage negotiations through a trade union.
Deliveroo PLC (LSE: ROO), Just Eat Takeaway.com NV (LSE: JET, NASDAQ: GRUB), and Uber Eats may face fines following the arrest of several of their delivery drivers in London and
Deliveroo has cut 350 jobs in response to a tech downturn, and the drop in take-out orders.