
DoorDash buys Deliveroo for £2.9B — less than half its IPO price
US food delivery giant DoorDash has acquired British rival Deliveroo in a £2.9bn ($3.9bn) deal, ending the UK business’ rocky tenure as a public company. The all-cash offer, priced at £1.80 ($2.40) per share, represents a 77% premium over Deliveroo’s …