** Shares of British meal delivery company Deliveroo ROO.L rise as much as 17.7% to 173p
** Stock is top gainer on FTSE 250 index .FTMC, which is up 0.7%; on track for biggest one-day pct gain on record
** Co suspends 100 million pound ($133 million) buyback program days after it received a 2.7 billion pound takeover proposal from DoorDash DASH.O
** Deliveroo had said it would likely recommend the 180 pence-per-share offer to shareholders, subject to agreement on other terms
** ROO up about 4% so far this year
($1 = 0.7521 pounds)
(Reporting by Yamini Kalia in Bengaluru)
((Yamini.Kalia@thomsonreuters.com;))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.