Deliveroo shares surge after £2.7bn DoorDash takeover move
by Lauren Almeida from US news | The Guardian on (#6WXGD)
Founder Will Shu could net 172m in potential deal as biggest US food delivery app looks to expand globally
Shares in Deliveroo have risen by 17% as investors reacted to a $3.6bn (2.7bn) takeover offer by the rival food delivery app DoorDash that could net its founder more than 170m.
Deliveroo said on Friday after the UK stock market had closed that it had received a takeover proposal from DoorDash, the biggest delivery app in the US, on 5 April. It said it would probably recommend a possible 180p a share offer to investors, if DoorDash made a firm offer.
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