01—Abstract
Summary
Summary of the 8-K filed October 2, 2025. Cited figures are marked; the original filing is the authoritative source.
On October 2, 2025, DoorDash, Inc. (NASDAQ: DASH) completed its previously announced acquisition of Deliveroo plc, the London-listed food and grocery delivery platform.
The deal was executed through a UK court-sanctioned scheme of arrangement. Eligible Deliveroo shareholders receive 180 pence in cash per share, and the aggregate cash consideration at closing is approximately $3.7 billiona (about £2.8 billion, converted at 1.34892 GBP/USD). Funds were previously escrowed to satisfy UK Takeover Code certainty-of-funds requirements, and a deal-contingent FX forward locked in the conversion rate when the terms were announced on May 6, 2025.
The transaction significantly expands DoorDash's international footprint. Deliveroo operates across nine countries (Belgium, France, Italy, Ireland, Kuwait, Qatar, Singapore, UAE, and the UK), works with roughly 176,000 restaurant, grocery, and retail partners, relies on more than 130,000 riders, and served about 7 million monthly active consumers in 2024. Management says Deliveroo will continue operating as a brand while benefiting from DoorDash's scale, resources, and global reach.
Deliveroo shares were suspended on the London Stock Exchange from 7:30 a.m. BST on October 2, with permanent delisting expected at 8:00 a.m. BST on October 3.
For investors, the key takeaways are the completion of a material, cash-funded acquisition and the start of integration. The filing does not disclose post-closing financial projections, synergy targets, or purchase accounting details, so the near-term impact on DoorDash's earnings, balance sheet, and margins will depend on information to be provided in future quarterly reports (Form 10-Q) and integration updates.
02—Key points
Key Highlights
- Completed the acquisition of Deliveroo plc on October 2, 2025, via a UK court-sanctioned scheme of arrangement.
- Aggregate cash consideration of approximately $3.7 billion (about £2.8 billion), with eligible shareholders receiving 180 pence per share in cash.
- Funding was pre-escrowed and hedged through a deal-contingent FX forward at 1.34892 GBP/USD, reducing currency risk at closing.
- Deliveroo adds operations in nine countries, including Belgium, France, Italy, Ireland, Kuwait, Qatar, Singapore, UAE, and the UK.
- Deliveroo brings roughly 176,000 restaurant, grocer, and retail partners, over 130,000 riders, and about 7 million monthly active consumers (2024).
- Deliveroo shares were suspended on the LSE on October 2 and expected to permanently halt on October 3, 2025.
- The filing discloses no post-closing financial guidance, synergy targets, or purchase price allocation details.
03—Questions
Frequently Asked Questions
How much did DoorDash pay for Deliveroo?
The aggregate cash consideration at closing is approximately $3.7 billion, equal to about £2.8 billion for all Deliveroo shares, at 180 pence in cash per share. The USD figure uses an exchange rate of 1.34892 GBP to 1.00 USD.
How was the acquisition funded and how was currency risk managed?
DoorDash deposited cash in escrow earlier to fund the payment and meet UK Takeover Code certainty-of-funds requirements. It also entered a deal-contingent foreign exchange forward at the time of the May 6, 2025 announcement, which converts the required USD into GBP at the fixed rate of 1.34892 at closing.
What does Deliveroo bring to DoorDash?
Deliveroo operates in nine countries, works with about 176,000 restaurant, grocery, and retail partners, and engages over 130,000 riders. It served roughly 7 million monthly active consumers in 2024. Management says Deliveroo will keep operating as a brand while gaining access to DoorDash's scale and resources.
When does Deliveroo stop trading and what happens to its shares?
Trading in Deliveroo shares on the London Stock Exchange was suspended from 7:30 a.m. BST on October 2, 2025. Trading is expected to halt permanently at 8:00 a.m. BST on October 3, 2025, as shareholders receive the cash consideration under the scheme.
Does this filing include financial projections or synergy estimates?
No. The 8-K covers closing mechanics, consideration, and funding only. It does not provide revenue or earnings guidance, synergy targets, or purchase accounting details. Investors should look to DoorDash's upcoming quarterly reports on Form 10-Q and management commentary for those figures.
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