Deliveroo suspends buyback after receiving possible DoorDash takeover offer

  • Deliveroo PLC (LSE:ROO) is suspending its share buyback programme after receiving a possible takeover bid from DoorDash Inc (NYSEASH), which it revealed after markets closed on Friday.  DoorDash made a possible cash offer of 180p per share, which the board said it would be minded to recommend to shareholders if a firm offer was made.