DoorDash to acquire Instacart
Story updates
11:15:17 AM UTC
SquawkNews
DoorDash, Inc. (NASDAQ:DASH) and Maplebear Inc. (d.b.a. Instacart, NASDAQ:CART) today announced a definitive agreement under which DoorDash will acquire Instacart for a total value of $65.00 for each Instacart share, or an equity value of approximately $17 billion. The aggregate transaction conside…
11:15:54 AM UTC
SquawkNews
DoorDash agreed to acquire Instacart for $65 per share (~$17B), with at least 75% cash and up to 25% DoorDash stock. Closing is expected by end-2027 or H1 2028, subject to approvals.Material DetailsContext by AI AnalystThis is a major consolidation move in local delivery and grocery tech, expanding…
11:16:10 AM UTC
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Transaction values Instacart at $65.00 per share, representing a 26% premium to Instacart's closing
11:20:25 AM UTC
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DOORDASH - INSTACART BOARD UNANIMOUSLY APPROVES DOORDASH ACQUISITION AGREEMENT
11:21:23 AM UTC
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DoorDash以170億美元收購美國競爭對手Instacart,押注雜貨配送業務 路透社10月29日 - DoorDash(DASH.O)周四表示,將達成一項價值約170億美元的交易,收購Insta
11:22:21 AM UTC
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DoorDash strikes $17 billion deal for US rival Instacart in bets on grocery delivery Oct 29 (Reuters
11:22:41 AM UTC
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DoorDash schließt einen 17-Milliarden-Dollar-Deal mit dem US-Konkurrenten Instacart ab und setzt dam
11:23:04 AM UTC
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By Colin KellaherDoorDash has agreed to buy Instacart in a deal that values its food-delivery rival at about $17 billion in cash and stock.DoorDash on Thursday said the deal values Instacart at $65 a share, a 11% premium to Wednesday's closing price of $58.42 and roughly 26% above Instacart's closi…
11:23:39 AM UTC
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*--Street Color: DoorDash Agrees to Acquire Instacart for Roughly $17 Billion
11:25:12 AM UTC
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DOORDASH: EXPECT TO INVEST MORE THAN 100% OF TOTAL SYNERGIES IN FIRST YEAR AFTER CLOSE OF INSTACART
11:25:23 AM UTC
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*--DoorDash to Buy Instacart in Roughly $17 Billion Deal
11:28:03 AM UTC
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DoorDash agrees to acquire Instacart for $17 billion DoorDash will acquire Instacart for approxi
11:28:09 AM UTC
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DoorDash Q3 revenue tops estimates on order growth; to acquire Instacart
11:29:52 AM UTC
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Reports Q3 (Sep) earnings of $1.06 per share, $0.25 better than the FactSet Consensus of $0.81; reve
11:38:02 AM UTC
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Instacart Q3 revenue tops estimates; to be acquired by DoorDash
11:38:16 AM UTC
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UPDATE 1-DoorDash strikes $17 billion deal for US rival Instacart in bets on grocery delivery Adds d
11:39:23 AM UTC
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FOKUS 1-DoorDash schließt einen 17-Milliarden-Dollar-Deal mit dem US-Konkurrenten Instacart ab und s
11:40:07 AM UTC
SquawkNews
Doordash NASDAQ:DASH said on Thursday it would buy US grocery delivery rival Instacart NASDAQ:CART in a deal valued at about $17 billion.Intensifying competition amid cautious consumer spending, slower growth since the pandemic boom and mounting regulatory and labor-related costs are driving a cons…