DoorDash to acquire UK’s Deliveroo in $3.9 billion deal
By
CS Mathew
US meal delivery firm DoorDash will buy British rival Deliveroo for 2.9 billion pounds ($3.85 billion), the companies said on Tuesday, as they look to expand their reach and take on competition. The companies rekindled talks last month after DoorDash approached Deliveroo with a 180 pence per share proposal, which was confirmed on Tuesday as the final offer.