Addleshaw Goddard is advising J.P. Morgan in its role as financial adviser to DoorDash, Inc. on the proposed acquisition of Deliveroo PLC, announced today.

The acquisition values Deliveroo at approximately £2.9 billion. San Francisco-based food delivery company DoorDash was founded in 2013 and operates in more than 30 countries.

Deliveroo, whose food delivery app operates in nine countries, was founded in 2013 and listed on the London Stock Exchange in 2021.

The Addleshaw Goddard team, which is advising J.P. Morgan in relation to the financing of the offer, was led by Simon Wood, supported by Vinay Rawal (Corporate Finance), Ewen Scott (Finance) and Paul Denham (Derivatives).

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Addleshaw Goddard is an international law firm with a strong global presence. The firm provides high-quality legal services across various sectors, including banking and finance, corporate, and commercial law. With a commitment to delivering innovative solutions, Addleshaw Goddard advises clients on some of the most complex and high-profile transactions.