Delivery Hero boards back Uber's €41.50 per share offer

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3▲2 ▼0Impact / 5
Summary · why it matters

Delivery Hero's Management Board and Supervisory Board jointly recommend that shareholders accept Uber's takeover offer of €41.50 per share in cash, calling it "fair and adequate." Uber launched the public takeover bid in July, valuing the German food delivery company at about $14.8 billion in equity value as part of its international expansion. The offer is conditional on securing acceptances representing at least 50% plus one share of Delivery Hero's outstanding stock.

Impact on assets 2

Consumer Discretionary▲
Delivery Hero SE
DHER
▲ PositiveCapitalrelevance

Boards recommend shareholders accept Uber's €41.50 per share cash offer, deemed fair.

Robotics & Physical AI▲
Uber Technologies Inc
UBER
▲ PositiveCapitalrelevance

Uber's takeover offer recommended by Delivery Hero's boards, advancing its acquisition.