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Delivery Hero boards recommend Uber takeover bid of 14.8 billion USD
The management and supervisory boards of Delivery Hero have officially recommended that shareholders accept a takeover bid from Uber Technologies. The offer consists of 41.50 euros in cash per share, valuing the German food delivery company at approximately 14.8 billion USD (12.77 billion euros).
To facilitate the merger and address competitive overlaps, Delivery Hero has reached a separate agreement to sell its operations in 14 markets to the investment firm SSW Partners LP for approximately 1.4 billion euros. These markets include Spain (where it operates Glovo), Poland, Portugal, Romania, Moldova, Austria, Chile, Cyprus, Czech Republic, Ecuador, Greece, Norway, Sweden, and Turkey.
The acceptance period for the offer is scheduled to end on November 5, 2026. If the transaction receives the necessary regulatory and antitrust approvals, it is expected to close during the second half of 2027. Uber has committed to maintaining Delivery Hero's headquarters in Berlin and ensuring independent management through its own board.
Entities
Berlin · Delivery Hero · DoorDash · Glovo · Just Eat Takeaway · SSW Partners LP · Uber
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 4 SOURCES] Delivery Hero has agreed to sell its businesses in 14 markets to SSW Partners LP for approximately 1.4 billion euros. www.hispanidad.com · distribucionactualidad.com · www.finanzen.at · www.mobiletime.com.br
- [○ 1 SOURCE] Uber intends to keep the Delivery Hero headquarters in Berlin. www.hispanidad.com
- [● 8 SOURCES] Uber is offering 41.50 euros per share in cash for Delivery Hero. www.hispanidad.com · distribucionactualidad.com · www.finanzen.at · www.mobiletime.com.br · www.finanzen.net · +2 more
- [● 6 SOURCES] The acceptance period for the takeover offer ends on November 5, 2026. www.hispanidad.com · distribucionactualidad.com · www.finanzen.at · www.mobiletime.com.br · jornaleconomico.sapo.pt
- [● 3 SOURCES] The transaction is expected to close during the second half of 2027. www.hispanidad.com · distribucionactualidad.com · www.mobiletime.com.br
- [● 9 SOURCES] The management and supervisory boards of Delivery Hero recommend that shareholders accept Uber's takeover bid. www.hispanidad.com · www.it-boltwise.de · distribucionactualidad.com · www.finanzen.at · www.mobiletime.com.br · +3 more
- [● 2 SOURCES] The minimum threshold for the transaction to proceed is 50% plus one share. distribucionactualidad.com · www.mobiletime.com.br
- [DISPUTED] The total equity value of the acquisition is approximately 14.8 billion USD (12.77 billion euros). distribucionactualidad.com · www.finanzen.at · www.mobiletime.com.br · www.finanzen.net · jornaleconomico.sapo.pt