 |
Brunswick Group represents Deliveroo as the British food delivery service receives a $3.6B takeover offer from San Francisco’s Doordash.
A successful deal would bolster DoorDash’s market presence in UK, Ireland, France and Italy. DoorDash already has operations in 25 global markets.
Deliveroo’s board has carefully considered the offer and has indicated that it “would be minded to recommend it” to shareholders, subject to other terms of the proposal.
According to British securities regulations, DoorDash faces a May 23 deadline to formally make a formal acquisition bid, or walk away from a deal.
Brunswick Group’s Susan Gilchrist and Rose Oddy handle PR for Deliveroo.
Caterpillar’s Rob Rengel will join ATI Inc. on June 22 as VP-investor relations, succeeding the retiring David Weston.
Hut 8, energy infrastructure platform, has named NextEra Energy's Mark Eidelman head of IR and SVP of strategic finance.
Teneo handles easyJet as Minneapolis investment firm Castlelake mulls a possible takeover of the British budget airline.
Brunswick Group represents Universal Music Group as it rejects the unsolicited $65B takeover offer by billionaire Ed Ackman's Pershing Square Capital Management because it “fundamentally and materially undervalues” the world’s largest music company.
Prosek Partners brings on Danielle O’Brien as a managing director in its investor relations practice, based in the firm’s New York office.
