Uber Is in Early Talks to Buy Europe’s Deliveroo

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www.bloomberg.com/news/articles/2018-09-20/uber-is-said-to-be-in-early-talks-to-buy-europe-s-deliveroo

Any offer would need to be considerably above its latest valuation, according to people with direct knowledge of Deliveroo plans. Deliveroo was valued at $2 billion in financing last year.

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The talks could fall apart, in part because Deliveroo and its investors have been reluctant to relinquish independence, said the people, who asked not to be identified because the information is private. Spokesmen at Deliveroo and Uber declined to comment.

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