Uber to acquire Delivery Hero in €13 billion deal

Uber Technologies, the U.S. ride‑hailing and delivery group, has launched a public takeover offer for the Berlin‑based food‑delivery platform Delivery Hero. The offer values Delivery Hero at roughly €13 billion (about $14.8 billion) and proposes a cash payment of €41.50 per share. Prosus, the largest shareholder, will sell its near‑17% stake, giving Uber an economic interest of about 53% in the combined business.

To address antitrust concerns, Delivery Hero will divest operations in 14 overlapping markets to New York‑based investment firm SSW Partners for about €1.4 billion. Uber has pledged to keep Delivery Hero’s Berlin headquarters and to protect its workforce there until at least 2029, and to invest €2 billion in Germany through 2031. The merged entity would operate in 99 countries, with projected gross merchandise value of $236 billion in 2025. The transaction is expected to close in the second half of 2027, subject to shareholder approval and competition‑authority clearances.