PA The takeover of Deliveroo by its US counterpart DoorDash is an illuminating example of the differing fortunes and attractions of US and UK stock markets. Deliveroo and DoorDash are similar companies. Both started out as food delivery services offering customers convenient and speedy access to their favourite restaurants and offering restaurants the ability to...
Deliveroo, the food delivery app, has agreed to be taken over by US giant DoorDash in a deal valuing the British business at £2.9bn. The deal is the latest example of a UK-listed company being taken over by a US rival. DoorDash is offering 180p per Deliveroo share, which marks a 44% increase on the...