DoorDash agrees to acquire Instacart

• DoorDash will acquire Instacart for $65 per share, valuing the equity at approximately $17 billion.
• The offer represents a 26% premium to the target's closing share price on October 22, 2026.
• Cash will account for at least 75% of consideration, with DoorDash stock capped at 25%.
• DoorDash expects to fund the cash portion with cash on hand and debt financing; the transaction has no financing condition.
• Closing is expected in late 2027 or the first half of 2028, subject to shareholder and regulatory approvals.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Instacart - Maplebear Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-437075), on October 29, 2026, and is solely responsible for the information contained therein.