Deliveroo receives “possible offer” from DoorDash

Following recent press speculation, the Board of Deliveroo confirms that on 5 April 2025 it received an indicative proposal from DoorDash, Inc.  regarding a possible cash offer for the entire issued and to be issued ordinary share capital of Deliveroo at a price of 180 pence per Deliveroo share (the “Possible Offer”).

 Having carefully considered the Possible Offer with its advisers, the Board of Deliveroo has indicated to DoorDash that, should a firm offer be made on the financial terms set out above, it would be minded to recommend such an offer to Deliveroo shareholders, subject to the agreement of the other terms of the offer.

 Accordingly, the Board of Deliveroo decided to engage in discussions with DoorDash in relation to the Possible Offer and has provided DoorDash with access to due diligence.

 There can be no certainty that any firm offer for Deliveroo will be made. At this time, shareholders are advised to take no action in respect of the Possible Offer.

 This announcement has been made by Deliveroo with the consent of DoorDash.