US food delivery app DoorDash offers to buy UK rival Deliveroo for $3.6bn
by Lauren Aratani from Technology | The Guardian on (#6WW80)
The London-based company, the second largest food deliver app in the UK, said no firm offer' had been made yet
DoorDash is offering to buy its UK-based rival Deliveroo for $3.6bn (2.7bn), Deliveroo said on Friday.
Deliveroo said that its board was in talks with DoorDash over the offer and that a firm offer had not been made, according to statement sent to the Guardian. Should a firm offer of 1.80 ($2.40) a share be made, Deliveroo said, it would be minded to recommend such an offer to Deliveroo shareholders.
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