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US food delivery app DoorDash offers to buy UK rival Deliveroo for $3.6bn

The London-based company, the second largest food deliver app in the UK, said no ‘firm offer’ had been made yetDoorDash is offering to buy its UK-based rival Deliveroo for $3.6bn (£2.7bn), Deliveroo said on Friday.Deliveroo said that its board was in talks with DoorDash over the offer and that a firm offer had not been made, according to statement sent to the Guardian. Should a firm offer of £1.80 ($2.40) a share be made, Deliveroo said, “it would be minded to recommend such an offer to Deliveroo shareholders. Continue reading...

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