Deliveroo bid 'by no means a knockout price' and could attract rivals, says analyst

  • After Deliveroo PLC (LSE:ROO) revealed it had received a possible £2.7 billion offer from New York-listed Doordash, analysts said a rival bid could emerge as the price was not particularly high.  The UK takeaway food delivery outfit suspended its buyback this morning, having revealed the 180p-per-share indicative offer after the market had closed at the end of last week, with talks ongoing and Deliveroo saying it would be minded to accept.