Deliveroo Releases Scheme Document for DoorDash Acquisition Proposal

PUBLISHED: 22 May 2025 @ 18:26 | Comments (0) | More info about Fiona Craig

Deliveroo (LSE:ROO) has published the Scheme Document outlining the terms of its planned acquisition by DoorDash, Inc. The transaction will proceed through a Court-approved scheme of arrangement. Deliveroo’s Independent Committee has recommended the deal, urging shareholders to support the proposal at the upcoming vote. This acquisition is anticipated to bolster DoorDash’s market presence and extend its operational reach, while Deliveroo shareholders are advised to carefully review the document before casting their votes.

Deliveroo continues to demonstrate solid financial fundamentals, with improving cash flow and strong shareholder backing reflected in recent developments. Despite this, concerns around its high valuation and possible market volatility, highlighted by technical indicators, call for measured optimism. Strategic moves such as exiting less profitable regions like Hong Kong show progress, although challenges to sustained profitability remain.

About Deliveroo plc

Deliveroo plc is a leading food delivery platform that connects customers with local restaurants and food vendors. The company emphasizes fast, reliable delivery while catering to diverse culinary tastes and dietary preferences.

Average Trading Volume: 7,313,635 shares
Technical Sentiment: Buy
Market Capitalization: £2.53 billion

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