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Evening Standard

Holly Williams

Deliveroo agrees £2.9bn takeover by US rival DoorDash

Deliveroo DoorDash United States London San Francisco

Deliveroo has agreed to a takeover by its US rival DoorDash (PA) - (PA Wire)

Food delivery giant Deliveroo has agreed to a takeover by its US rival DoorDash in a deal worth around £2.9 billion.

San Francisco-based DoorDash will pay 180p a share in cash for London-listed Deliveroo in a move set to create a combined firm with a presence across 40 countries and handling about 90 billion US dollars (£67.7 billion) of orders each year.

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