Delivery Hero agrees to be acquired by Uber for €13 billion
Uber offers €41.50 per share, commits to Berlin HQ and €2 billion investment in Germany. SSW Partners buys 14 markets for €1.4 billion.
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Global online food delivery and quick-commerce platform
deliveryhero.comLast updated
In short: Delivery Hero agreed to a €13 billion acquisition by Uber, following a period of investor pressure and a leadership succession plan.
Uber offers €41.50 per share, commits to Berlin HQ and €2 billion investment in Germany. SSW Partners buys 14 markets for €1.4 billion.
The AGM re-elected two Supervisory Board members, approved a new compensation system, and appointed PricewaterhouseCoopers as auditor.
The Supervisory Board has initiated a search for a successor, with transition expected by March 2027.
From food delivery origins, it expanded to quick commerce across 65 countries, serving 60 million customers with AI-powered platforms. It remains focused on profitability and future tech like drones.
The Delivery Hero shareholders must decide whether to accept Uber's offer of 41.50 euros per share - 80 percent below the stock's all-time high. How...
According to the indictment, a German investor allegedly tried to defraud a Delivery Hero founder of over 100 million euros. It concerns an indictment against investor Florian...
The British investment bank Barclays has downgraded Delivery Hero from 'Overweight' to 'Equal Weight' after the official takeover offer from Uber, but the price target from 39,10 to...
Delivery Hero confirmed on Tuesday that advanced negotiations were taking place with Uber Technolog...
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