Uber Acquires Majority of Delivery Hero for $14.8 Billion
Uber announced a deal to acquire most of Delivery Hero, valued at $14.8 billion in cash, offering €41.50 per share—a 34% premium over recent trading levels. The acquisition will expand Uber's delivery and mobility operations into more markets globally.
Tickers: $UBER
Topics: corporate acquisition Delivery Hero food delivery Uber