DoorDash Is Natural Buyer for Deliveroo, Morgan Stanley Says -- Market Talk

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0652 GMT - DoorDash is a natural buyer for Deliveroo given that there are no real geographic overlaps between the two companies, Morgan Stanley analyst Luke Holbrook writes. The London-listed food-delivery company said late Friday that it received a 180 pence takeover proposal from its U.S. peer, which it would be prepared to recommend to shareholders if a formal offer was made. The offer prices values the company at 2.7 billion pounds. Deliveroo shares closed Friday at 146.60 pence. (ian.walker@wsj.com.)

(END) Dow Jones Newswires

April 28, 2025 02:53 ET (06:53 GMT)

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