Shares of British food delivery firm Deliveroo jumped to their highest level in more than three years on Monday, after the company confirmed it had received a $3.6 billion takeover offer from U.S. firm DoorDash.
Shares of British food delivery firm Deliveroo jumped to their highest level in more than three years on Monday, after the company confirmed it had received a $3.6 billion takeover offer from U.S. firm DoorDash.
Deliveroo shares jumped on Wednesday on news the London-listed food delivery firm held talks with DoorDash in regards to the San Francisco company’s interest in a possible takeover.
Shares of European food-delivery groups fell sharply Tuesday after the discounted sale of a big share stake raised questions about the market’s valuation of the sector.