Exclusive-Doordash held talks with UK's Deliveroo on takeover, sources say
A DoorDash delivery person is pictured on the day they hold their IPO in the Manhattan borough of New York City, New York, U.S., December 9, 2020. REUTERS/Carlo Allegri/File Photo
By Amy-Jo Crowley and Abigail Summerville
LONDON (Reuters) - U.S. meal delivery group Doordash recently flagged its interest in a takeover of Britain's Deliveroo, two people familiar with the matter told Reuters.
San Francisco-based Doordash made the approach last month to London-listed Deliveroo, but talks ended after a disagreement on valuation, said one of the people, speaking on condition of anonymity because the matter is private.
There are no talks ongoing, the person added.
Spokespeople for Doordash and Deliveroo both declined to comment.
(Reporting by Amy-Jo Crowley and Abigail Summerville. Additional reporting Milana Vinn; Editing by Anousha Sakoui and Alexander Smith)