Deliveroo Shareholders Approve Acquisition by DoorDash

Deliveroo plc Class A ( (GB:ROO) ) has provided an announcement.

Deliveroo plc has announced that its shareholders have approved a cash acquisition by DoorDash, Inc., which will be implemented through a Court-sanctioned scheme of arrangement. The acquisition, which has received the necessary shareholder approvals, is expected to become effective in the fourth quarter of 2025, pending remaining conditions and court sanctioning, marking a significant consolidation in the food delivery sector.

The most recent analyst rating on (GB:ROO) stock is a Hold with a £1.55 price target. To see the full list of analyst forecasts on Deliveroo plc Class A stock, see the GB:ROO Stock Forecast page.

Spark’s Take on GB:ROO Stock

According to Spark, TipRanks’ AI Analyst, GB:ROO is a Neutral.

Deliveroo’s overall score is driven by improving financial performance and positive corporate events. However, valuation concerns and potential overbought technical indicators limit the upside. The company’s strategic initiatives and recent earnings call provide a positive outlook, but profitability challenges and high valuation remain key risks.

To see Spark’s full report on GB:ROO stock, click here.

More about Deliveroo plc Class A

Deliveroo plc operates in the food delivery industry, providing an online platform for customers to order food from local restaurants and have it delivered to their location. The company focuses on connecting consumers with a wide range of dining options, catering to various tastes and preferences.

Average Trading Volume: 9,138,830

Technical Sentiment Signal: Buy

Current Market Cap: £2.55B

See more data about ROO stock on TipRanks’ Stock Analysis page.