DoorDash will purchase British rival Deliveroo for $3.85 billion, the companies said on Tuesday, helping DoorDash grow its ...

British meal delivery company Deliveroo said on Friday it received a proposal from U.S. peer DoorDash on April 5 to buy all of its shares for 2.7 billion pounds ($3.60 billion).

Deliveroo, the food delivery app, has agreed to be taken over by US giant DoorDash in a deal valuing the business at £2.9bn.

Shares of Deliveroo, the food delivery service based in London, are hitting three-year highs after it received a $3.6 billion proposed takeover offer from DoorDash.

For more information, please visit the 2.7 Announcement here: Recommended offer for Deliveroo Commenting on the Acquisition, Tony Xu, CEO and Co-founder of DoorDash, said: “Our mission at ...

By John Yoon and Christine Hauser DoorDash announced two deals worth billions of dollars on Tuesday, saying it has agreed to acquire Deliveroo, the British food delivery company, and SevenRooms ...

DoorDash has agreed to acquire Deliveroo for 180 pence in cash per share, equating to roughly £2.9 billion or about $3.9 billion with today’s exchange rates, the company said in a Tuesday press ...

DoorDash said it has agreed to buy its U.K. rival Deliveroo for about £2.9 billion (around $3.87 billion) as the U.S. food delivery company seeks to expand into new markets. Alongside this ...

The Combination with Deliveroo will strengthen DoorDash’s position as a leading global platform in local commerce, enabling the combined entity to better serve businesses, consumers and couriers ...

DoorDash is acquiring British delivery firm Deliveroo for about 2.9 billion pounds ($3.86 billion) in cash, expanding the U.S. company's geographic reach.

Here, the PA news agency looks at what the takeover will mean for customers, staff, and the London stock market.

Deliveroo investor Amazon.com has yet to say whether it will vote for DoorDash’s takeover bid for the U.K. food-delivery ...