From Yahoo Finance: 2025-04-29 11:52:00

Deliveroo’s shares soared by 16% after a £2.7bn takeover offer from DoorDash. The company paused its £100m share buyback program during negotiations. Deliveroo may resume the buyback in the future. Executives are considering DoorDash’s 180p per share offer. Co-founder Will Shu could receive a £172m windfall. Deadline for a firm offer is 23 May. Deliveroo faced compliance checks in Hong Kong in March 2025. Analysts predict potential competing takeover bids.

Read more: Deliveroo’s share prices rise on takeover proposal by DoorDash