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Deliveroo CEO Will Shu to step down after DoorDash takeover

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Deliveroo’s founder and CEO, Will Shu, will resign following the company’s acquisition by DoorDash, a U.S. competitor. The deal, valued at approximately 2.9 billion pounds, is anticipated to be finalized on October 2, pending court approval. Several other non-executive board members will also step down upon the deal’s completion, marking a significant shift for the British food delivery firm. 

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