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The Guardian - UK
The Guardian - UK
Business
Julia Kollewe

Deliveroo shares rise after reported takeover interest from US rival

A Deliveroo rider cycles through central London.
Deliveroo works with 180,000 restaurants and retailers and has a network of 140,000 riders. Photograph: Daniel Leal-Olivas/AFP/Getty Images

Shares in the UK food delivery company Deliveroo have risen after reports that US rival Doordash held takeover talks with the business, with analysts suggesting other bidders could come forward in the coming weeks.

Doordash flagged an interest in a takeover of Deliveroo last month, but talks ended because the two sides could not agree on the value of the deal, Reuters reported.

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