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EU approves takeover of Deliveroo by Doordash

EU approves takeover of Deliveroo by Doordash

FILE PHOTO: A delivery worker with a backpack of Deliveroo rides a bike in Nice, France, October 25, 2022. REUTERS/Eric Gaillard/File Photo

BRUSSELS :The EU Commission on Tuesday said it had approved the takeover of Deliveroo by U.S. meal delivery firm DoorDash.

The food delivery app companies reached a deal valuing Deliveroo at about 2.9 billion pounds ($3.93 billion) in May.

($1 = 0.7384 pounds)

Source: Reuters
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