Uber Nears Delivery Hero Deal at Above €36 a Share
Updated
Updated · Bloomberg · Jul 14
Uber Nears Delivery Hero Deal at Above €36 a Share
2 articles · Updated · Bloomberg · Jul 14
Summary
Uber is in advanced talks to acquire Germany-based Delivery Hero, with people familiar saying an agreement could be reached as soon as this week.
Delivery Hero would likely be valued well above its recent trading price of about €36 per share, indicating Uber may need to offer a meaningful premium to secure the deal.
The talks center on one of Europe’s largest food-delivery groups, potentially expanding Uber’s reach beyond ride-hailing through a major cross-border acquisition.