financetom
Business
financetom
/
Business
/
Exclusive-Doordash held talks with UK's Deliveroo on takeover, sources say
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Exclusive-Doordash held talks with UK's Deliveroo on takeover, sources say
Jun 25, 2024 10:52 AM

LONDON (Reuters) - U.S. meal delivery group Doordash ( DASH ) recently flagged its interest in a takeover of Britain's Deliveroo ( DROOF ), two people familiar with the matter told Reuters.

San Francisco-based Doordash ( DASH ) made the approach last month to London-listed Deliveroo ( DROOF ), but talks ended after a disagreement on valuation, said one of the people, speaking on condition of anonymity because the matter is private.

There are no talks ongoing, the person added.

Spokespeople for Doordash ( DASH ) and Deliveroo ( DROOF ) both declined to comment.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Pfizer wins bid to invalidate GSK's patents over RSV vaccine
Pfizer wins bid to invalidate GSK's patents over RSV vaccine
Oct 7, 2024
LONDON, Oct 7 (Reuters) - Pfizer ( PFE ) on Monday won a bid in a London court to invalidate two of GSK's patents relating to a respiratory syncytial virus (RSV) vaccine. The two pharmaceutical giants are among a number of companies in competition for a vaccine for RSV, which typically causes cold-like symptoms but is also a leading cause...
BRIEF-Equinor Acquires A 9.8% Minority Stake In Ørsted
BRIEF-Equinor Acquires A 9.8% Minority Stake In Ørsted
Oct 7, 2024
Oct 7 (Reuters) - Equinor ASA ( EQNR ): * EQUINOR ACQUIRES A 9.8% MINORITY STAKE IN ØRSTED * INTENDS TO INCREASE ØRSTED STAKE TO 10% PENDING APPROVALS * ØRSTED HOLDING VALUED AT AROUND $2.5 BILLION * BECOMES SECOND LARGEST SHAREHOLDER IN ØRSTED * TRANSACTION WILL BE EXECUTED WITHIN EQUINOR'S COMMUNICATED FINANCIAL FRAMEWORK. * SUBJECT TO OBTAINING REGULATORY APPROVALS UNDER...
Hedge fund Elliott loses appeal against dismissal of LME nickel lawsuit
Hedge fund Elliott loses appeal against dismissal of LME nickel lawsuit
Oct 7, 2024
LONDON, Oct 7 (Reuters) - Hedge fund Elliott Associates on Monday lost an appeal against the dismissal of its lawsuit against the London Metal Exchange over billions of dollars of cancelled nickel trades. The LME suspended trading and annulled $12 billion in nickel trades in March 2022 when prices shot to records above $100,000 a metric ton in a few...
CAMP4 Therapeutics seeks up to $80 mln proceeds in US IPO
CAMP4 Therapeutics seeks up to $80 mln proceeds in US IPO
Oct 7, 2024
Oct 7 (Reuters) - CAMP4 Therapeutics, a biopharmaceutical company backed by healthcare giant Kaiser Permanente, said on Monday it is targeting proceeds of up to $80 million for its initial public offering in the United States. ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved