40 place 7

375 UK’s Deliveroo suspends share buyback following €3.1B DoorDash takeover proposal

Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 04/28/2025 08:34 EDT

UK-based Deliveroo, a food delivery giant, has suspended its £100M (approximately €117.5M) share buyback program after confirming it had received a $3.6B (approximately €3.1B) takeover proposal from US delivery giant DoorDash. The UK food delivery firm said it halted repurchases with immediate effect as talks with DoorDash advance. Deliveroo announced it received the non-binding approach ... Read more

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