Exclusive-Doordash held talks with UK’s Deliveroo on takeover, sources say

06/25/2024

Less than a minute

2024.06.25 13:49

By Amy-Jo Crowley and Abigail Summerville

LONDON (Reuters) – U.S. meal delivery group Doordash recently flagged its interest in a takeover of Britain’s Deliveroo (OTC:), two people familiar with the matter told Reuters.

San Francisco-based Doordash made the approach last month to London-listed Deliveroo, but talks ended after a disagreement on valuation, said one of the people, speaking on condition of anonymity because the matter is private.

© Reuters. A DoorDash delivery person is pictured on the day they hold their IPO in the Manhattan borough of New York City, New York, U.S., December 9, 2020. REUTERS/Carlo Allegri/File Photo

There are no talks ongoing, the person added.

Spokespeople for Doordash and Deliveroo both declined to comment.

06/25/2024

Less than a minute

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