محمد يحي
- Delivery Hero announces receiving takeover offer from Uber valuing shares at €33
- The deal reflects intensifying competition and expansion efforts across the global food delivery market.
Delivery Hero announced that it has received a takeover offer from Uber, valuing the company at 33 euros per share, in a move that highlights increasing competition and consolidation in the global food delivery market.
The offer represents a discount of around 1.76% compared to Delivery Hero’s closing share price on Friday, according to market data.
Uber recently increased its stake in Delivery Hero to approximately 19.5% of the company’s issued capital, up from nearly 7% previously, making it the largest shareholder in the German company.
The stake is estimated to be worth around 1.7 billion euros, according to Reuters calculations.
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