Deliveroo founder set for £172m payout following takeover offer

Deliveroo co-founder and chief executive Will Shu is in line for a £172m payout if the firm’s board approves a £2.7bn takeover from US rival DoorDash.
The UK-listed rapid delivery giant confirmed on Friday (25 April) that it had received an indicative takeover proposal for 180p a share from DoorDash at the start of the month.
Deliveroo said that should a firm offer be made, it would be “minded to recommend” the proposal to its shareholders.
DoorDash has until 23 May