DoorDash ( NASDAQ: DASH ) has completed the acquisition of London-based Deliveroo in a deal valued at approximately £2.9 billion after the boards of both companies agreed to the terms of a final cash offer.
The European Commission regulator recently concluded that the merger of two delivery companies would not impede competition, given the availability of alternatives such as Uber Eats ( UBER ), Just Eat Takeaway ( OTCPK:JTKWY ) and other regional delivery platforms.
Under the terms of the deal, Deliveroo shareholders would receive 180 pence in cash per Deliveroo share, representing a premium of approximately 44% to Deliveroo's closing share price on the last business day prior to DoorDash's offer.
Under the terms of the deal, Deliveroo shareholders would receive 180 pence in cash per Deliveroo share, representing a premium of approximately 44% to the closing price of Deliveroo shares on the last business day prior to DoorDash's offer.
"I am beyond excited at the prospect of what DoorDash and Deliveroo will achieve together. We will cover more than 40 countries with a combined population of over one billion people, providing more local businesses with the tools and technology they need to succeed," said Tony Xu, co-founder and CEO of DoorDash.
October 02, 2025, 8:25 AM ET DoorDash, Inc (DASH) Stock JTKWY , UBER By: Amy Thielen , SA News Editor
https://seekingalpha.com/news/4501234-doordash-completes-deliveroo-acquisition
