Delivery Hero Confirms Takeover Offer From Uber
German food-delivery company Delivery Hero confirmed it has received a takeover offer from rival Uber, valuing the firm at €33 per share ($38.29), which is slightly below its last closing price. The move follows Uber increasing its stake in Delivery Hero to nearly 19.5%, becoming its largest shareholder.
Tickers: $UBER
Topics: Delivery Hero strategic review takeover Uber