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LONDON - The High Court of Justice in England and Wales has sanctioned the scheme of arrangement for DoorDash, Inc.’s acquisition of Deliveroo plc, the companies announced Tuesday in a joint statement.
The cash acquisition, which was first announced on May 6, 2025, will see DoorDash purchase the entire issued and to be issued ordinary share capital of Deliveroo. The deal had been recommended by Deliveroo’s Independent Committee.
According to the statement, the court order sanctioning the scheme under section 899 of the Companies Act was issued today. The scheme is expected to become effective on October 2 upon delivery of the court order to the Registrar of Companies.
Trading in Deliveroo shares on the London Stock Exchange is expected to be suspended by 7:30 a.m. on October 2. The final day for dealings in Deliveroo shares will be October 1, with the cancellation of Deliveroo’s listing on the Official List and trading on the London Stock Exchange expected by 8:00 a.m. on October 3.
The companies confirmed that several regulatory hurdles had already been cleared, including the EU Antitrust Condition, the Italian FDI Condition, and the EU FSR Condition, as announced on September 9.
The acquisition is proceeding according to the previously announced timetable, with the Scheme Record Time set for 6:00 p.m. on October 1.
The statement indicated that full details of the transaction are available in the scheme document published on May 22, 2025, in connection with the acquisition.
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