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Deliveroo shares surge after £2.7bn DoorDash takeover move

Guardian
Summary
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81% Informative

Deliveroo shares hit 171p in early trading on Monday , their highest level since 2022 .

A takeover deal could net Will Shu , the founder of Deliveroo , about 172 m, based on his 5.9% stake.

DoorDash has until 5pm on 23 May to provide a firm offer for Deliveroo .

A possible takeover would mark the latest in a string of deals in the sector.

VR Score

80

Informative language

76

Neutral language

76

Article tone

semi-formal

Language

English

Language complexity

51

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not offensive

Hate speech

not hateful

Attention-grabbing headline

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not detected

Time-value

short-lived

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