Uber Submits Indicative €33 Per Share Offer to Acquire Delivery Hero
Uber Technologies has submitted an indicative offer of €33 per share for Berlin-based food delivery company Delivery Hero, which is slightly below its recent closing price. Uber increased its stake in the company from around 7% to approximately 19.5%, becoming its largest shareholder.
Tickers: $UBER
Topics: corporate strategy M&A stock markets