Deliveroo Announces £2.9 Billion Sale to DoorDash
Deal News | May 07, 2025 | White & Case
White & Case LLP is providing legal counsel to Deliveroo plc for its impending £2.9 billion sale to DoorDash, Inc. Listed on the NYSE, DoorDash has entered a cross-border acquisition utilizing a UK scheme of arrangement. The transaction represents a significant milestone as the largest UK public takeover scheduled for 2025 in the consumer technology sector. White & Case's involvement highlights their extensive track record with major deals in the FTSE public M&A market. The firm is advising Deliveroo on numerous legal particulars such as public M&A structuring, compliance with UK Takeover Code, public securities laws, antitrust and foreign direct investment considerations, as well as employment aspects. This move signifies the continued support White & Case extends to Deliveroo, following their advisory role in Deliveroo’s strategic assets sale and operation closure in Hong Kong earlier in the year.
Sectors
- Legal Services
- Consumer Technology
- Public M&A
Geography
- United Kingdom – Deliveroo is based in London, and the deal involves UK public M&A regulations.
- United States – DoorDash, the acquiring company, is based in the US and listed on the NYSE.
Industry
- Legal Services – The transaction involves significant legal advisory activity, with White & Case serving as primary legal counsel for Deliveroo.
- Consumer Technology – The deal involves Deliveroo, a prominent player in the consumer technology space with its on-demand delivery services.
- Public M&A – The article discusses a substantial public M&A transaction involving the acquisition of Deliveroo by DoorDash.
Financials
- £2.9 Billion – The total value of the all-cash acquisition of Deliveroo by DoorDash.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Deliveroo plc | Target Company | Company | A leading on-demand delivery service headquartered in London. |
| DoorDash, Inc. | Bidding Company | Company | A NASDAQ-listed company acquiring Deliveroo. |
| White & Case LLP | Legal Advisor | Company | Global law firm advising Deliveroo on the transaction. |
| Guy Potel | Co-lead of Deal Team | Person | Partner at White & Case overseeing the legal advice for the transaction. |
| Di Yu | Co-lead of Deal Team | Person | Partner at White & Case co-leading the legal team advising Deliveroo. |
| Chantelle Zemba | General Counsel | Person | General Counsel at Deliveroo working with White & Case on the transaction. |