Deliveroo agrees £2.9bn takeover by US rival DoorDash
Co-founder and CEO Will Shu in line for a £172m payout and staff will receive nearly £66m from dealBusiness live – latest updatesFood delivery company Deliveroo has agreed a £2.9bn takeover by US rival DoorDash that will result in a £65m payday for its staff.The London-based delivery company, which was founded in 2013 by Will Shu and Greg Orlowski, received an offer worth 180p a share last month and on Tuesday its board recommended the deal to shareholders. Continue reading...
Co-founder and CEO Will Shu in line for a £172m payout and staff will receive nearly £66m from deal
Food delivery company Deliveroo has agreed a £2.9bn takeover by US rival DoorDash that will result in a £65m payday for its staff.
The London-based delivery company, which was founded in 2013 by Will Shu and Greg Orlowski, received an offer worth 180p a share last month and on Tuesday its board recommended the deal to shareholders. Continue reading...
