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Uber Launches $13.7 Billion Blockbuster Bid to Acquire Delivery Hero in Major Global Consolidation Play Following initial market speculations that surfaced in May, Uber Technologies Inc. has officially launched a definitive $13.7 billion USD acquisition proposal for global food delivery giant Delivery Hero . The strategic move comes as no surprise to industry analysts, given that Uber had already established a significant foot in the door by maintaining a minority equity stake in Delivery Hero prior to mounting the full buyout. Under the newly sweetened terms, Uber has offered €41.50 per share to acquire all remaining outstanding stock from current shareholders. The revised, higher valuation has already successfully secured unanimous approval from Delivery Hero’s management and supervisory boards. The transaction now moves to its next regulatory hurdle: a final vote of approval from the target company's shareholders. Crucially, the mega-deal features a complex corporate carve-o...

Uber Launches Ambitious Buyout Bid for Delivery Hero Following Major Share Acquisition In a high-stakes move to consolidate global dominance over the on-demand logistics sector, ride-hailing and food-delivery giant Uber Technologies has submitted a formal proposal to acquire 100% of Germany-based Delivery Hero . The offer is priced at €33 per share . However, the bidding price sits slightly below Delivery Hero's latest public market valuation, which closed trading on Friday at €33.59 per share . The Road to the Takeover Bid The acquisition offer comes immediately after a significant structural shift in Delivery Hero’s equity distribution. Earlier in the week, Delivery Hero disclosed that Uber had exercised its pre-existing share-purchase options derived from previous cross-border subsidiary asset transactions. This financial activation escalated Uber total stake in Delivery Hero to 19.5% , instantly positioning Uber as the company's single largest shareholder and setting the ...