Deliveroo gets $3.6 billion buyout proposal from DoorDash

Deliveroo gets $3.6 billion buyout proposal from DoorDash
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(Reuters) -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.

($1 = 0.7508 pounds)

(Reporting by Aatrayee Chatterjee; Additional reporting by Anuja Mistry; Editing by Alan Barona and Devika Syamnath)

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