M&A
confidence high
sentiment positive
materiality 0.90
DoorDash to acquire Deliveroo for 180p/share (~£2.9B) in cash, expected Q4 2025
DoorDash, Inc.
- Deliveroo shareholders receive 180p per share, a 44% premium over 125p on 4 April 2025.
- Total equity value ~£2.9B; enterprise value ~£2.4B; consideration financed partly by $2.85B bridge loan.
- Combined entity will operate in 40+ countries, serve ~50M MAUs, and had ~$90B GOV in 2024.
- Irrevocable undertakings secured from ~15.4% of Deliveroo shares; transaction requires court sanction and regulatory approvals.
- DoorDash secures a $2.85B bridge credit facility with JPMorgan to partially fund the cash consideration.