San Francisco-based DoorDash recently held takeover talks with Britain's Deliveroo, but the discussions have ended. The talks, which took place last month, were aimed at DoorDash acquiring the London-listed meal delivery company. However, the negotiations stalled due to disagreements over valuation. Both DoorDash and Deliveroo have declined to comment on the matter, according to sources familiar with the situation. The news was first reported by Reuters, citing two people familiar with the matter.
Exclusive: Doordash held talks with UK's Deliveroo on takeover, sources say https://t.co/MOC6TAitoC https://t.co/FIsMZ4gpID
Potential takeover talks between Doordash and Deliveroo stall - Reuters https://t.co/M7YxUeHYZZ https://t.co/NmlvTjH8sX
π£ JUST IN: $DASH DoorDash Explored Takeover of UK's Deliveroo, Talks Ended Over Valuation Disputes π $AMZN $WMT $UBER $CART π Key Highlights: π DoorDash expressed interest in acquiring Deliveroo last month. π Talks ended due to disagreements on valuation. πβ¦ https://t.co/i0zBtc4ngJ
Doordash $DASH held talks with UK's π¬π§ Deliveroo to possibly takeover the company San Francisco-based Doordash made the approach last month to London-listed Deliveroo, but talks ended after a disagreement on valuation - Reuters
π΅ EXCLUSIVE-DOORDASH HELD TALKS WITH UK'S DELIVEROO ON TAKEOVER, SOURCES SAY U.S. meal delivery group Doordash recently flagged its interest in a takeover of Britain's Deliveroo, two people familiar with the matter told Reuters. Full Story via Reuters on PiQ Suite - Link inβ¦ https://t.co/mHzM6DSUSQ
DOORDASH HELD RECENT TAKEOVER TALKS FOR BRITAIN'S DELIVEROO BUT THEY HAVE ENDED || DOORDASH AND DELIVEROO DECLINE TO COMMENT ON TALKS, SOURCES SAY