Deliveroo confirmed it received a non-binding proposal from DoorDash on April 5, 2025, regarding a possible all-cash offer to acquire Deliveroo at 180 pence per share.

After reviewing the offer with its advisers, Deliveroo’s Board indicated that it would be inclined to recommend a firm offer on these terms, subject to agreement on final conditions.

Deliveroo is providing DoorDash with due diligence access. There is no certainty that a firm offer will be made. DoorDash must announce a firm intention to make an offer or withdraw by May 23, 2025, under UK Takeover Code rules.

An offer period has formally commenced. Deliveroo is being advised by Goldman Sachs and Allen & Company.