Deliveroo shares prices are rising on the acquisition suggestion by Doordash

Deliveroo shares prices have seen a boom after announcing the acquisition proposal of 2.7 billion pounds ($ 3.61 billion) from the American DooDash competitor.

The shares of the London Food Delivery Company increased by 16 % in early trading after confirming the approach late Friday, April 25, 2025, T.T.It is the Irish news.

The company has suspended the 100 million pounds re -purchase program due to the ongoing acquisition discussions.

The program, which was announced in March, was part of the Deliveroo strategy to restore a total of 550 million pounds for shareholders since 2023.

Deliveroo may resume re -purchase initiative in a future history if conditions permit.

Takeove news follows DeliveroOO in mid -April regarding the proposal from Doordash.

Deliveroo’s executive officials have indicated their willingness to support 180p of the share for their shareholders, assuming that the other conditions of the deal are acceptable.

Doordash has a final date of May 23 to make a fixed offer.

He participated in his founding in 2013 by CEO Will Shu, and has operations in nine countries and has a working force of 135,000 passengers worldwide.

If the acquisition continues, SHU is about to obtain a value of 172 million pounds from its share in the company.

However, industry analysts predict that other competitors may appear with competing acquisition offers.

In March 2025, Hong Kong Privacy monitoring began to examine compliance Deliveroo must in response to the company’s decision to stop operations in the region, with the aim of protecting the personal data of its customers as well as delivery employees.

“Deliveroo’s shares prices were created on the acquisition by Doordash” originally and published by Judgment food serviceThe brand owned by Globaldata.

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