Doordash buys Deliveroo for £2.9B: what’s behind the global food delivery merger wave?

In a significant shake-up in the global food delivery industry, US-based DoorDash has agreed to acquire British rival Deliveroo in an all-cash deal valued at £2.9 billion. The offer, priced at 180p per share, marks the end of Deliveroo’s volatile tenure on the London Stock Exchange since its 2021 listing. Deliveroo’s board approved the offer, […]