Deliveroo shares shoot higher after US takeover proposal

NAMPA / DPA
2025-04-28
London (PA Media/dpa) - Deliveroo shares soared on Monday after receiving a £2.7 billion ($3.6 billion) takeover move from US rival DoorDash. Shares in the UK company jumped by as much as 16% in early trading following confirmation of the approach late on Friday. On Monday, Deliveroo also suspended its £100 million share buyback programme as a result of the takeover talks. The takeaway delivery operator unveiled the buyback programme, which would......
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