Bryan Garnier - Deliveroo (ROO) Deliveroo: your DoorDash rider is on the way with a 180p offer

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Bryan Garnier

Clement Genelot

Deliveroo: your DoorDash rider is on the way with a 180p offer

Our late February Buy upgrade thesis is taking shape with DoorDash making an indicative 180p/share cash offer (to be confirmed by 23rd May). The price looks decent, but not spectacular, with a 23% premium and an implied 12x EV/EBITDA, and the likelihood of a counter-bid seems very low. Negative rea

28/04/2025 1 EN

Underlying

Deliveroo

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Provider

Bryan Garnier

Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.

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Analysts

Clement Genelot

Other Reports on these Companies

Bryan Garnier

Deliveroo: PT aligned with DoorDash offer

Following the confirmation of a 180p/share cash bid by DoorDash (first analysed here), we have downgraded our rating from Buy to Neutral and aligned our PT with the offer at 180p.We will recommend that shareholders vote in favour of the upcoming court-sanctioned scheme of arrangement under the UK C

6h / 18m 6h / 18m 1 EN

Bryan Garnier

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On the shelves now: Consumer Weekly #69

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Clement Genelot

Clement Genelot

Deliveroo: PT aligned with DoorDash offer

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Clement Genelot

Clement Genelot

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Deliveroo: your DoorDash rider is on the way with a 180p offer

Deliveroo: PT aligned with DoorDash offer

On the shelves now: Consumer Weekly #67

On the shelves now: Consumer Weekly #69

Deliveroo: PT aligned with DoorDash offer

Jeronimo Martins: rerating not over yet with better margin prospects

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