Deals of the day: East Timor to buy Woodside stake; DoorDash reportedly in talks for Instacart
DASH•East Timor agreed to buy Woodside Energy’s stake in the Greater Sunrise gas project for up to $200 million. DoorDash is in advanced talks to acquire Instacart in a deal that could value the grocery-delivery platform at about $17 billion.
1. Greater Sunrise stake
East Timor agreed to buy Woodside Energy’s stake in the Greater Sunrise gas project for up to $200 million. The deal could pave the way to speed up development of the fields, which could be essential to Asia’s smallest economy.
2. DoorDash and Instacart
DoorDash is in advanced talks to acquire Instacart in a deal that could value the grocery-delivery platform at about $17 billion, a source familiar with the matter said.
