Deliveroo’s shares jump amid takeover talks

Deliveroo, the British delivery company, was the subject of merger interest last month - is it worth buying?

Deliveroo logo seen displayed on a smartphone with stock market percentages
(Image credit: Getty Images)

Deliveroo’s share price jumped on Wednesday on the back of reports that US rival Doordash held takeover talks with the British delivery company.

Doordash flagged an interest in a takeover of Deliveroo last month, but talks ended because the two sides could not agree on the value of the deal, according to Reuters.

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Chris Newlands

Chris is a freelance journalist, and was previously an editor and correspondent at the Financial Times as well as the business and money editor at The i Newspaper. He is also the author of the Virgin Money Maker, the personal finance guide published by Virgin Books, and has written for the BBC, The Wall Street Journal, The Independent, South China Morning Post, TimeOut, Barron's and The Guardian. He is a graduate in Economics.