economy
Delivery Hero confirms takeover offer from Uber
Delivery Hero said last week its U.S. rival had increased its holding to about 19.5% of issued capital from roughly 7%, becoming its largest shareholder.
TL;DR
- Delivery Hero confirmed receiving a takeover offer from Uber.
- The offer values Delivery Hero at 33 euros per share.
- This offer is a 1.76% discount from the company's last closing price.
- Uber recently increased its stake in Delivery Hero to 19.5%, becoming its largest shareholder.
- Delivery Hero's CEO is stepping down amid campaigns for a strategic review.
- The company is focused on its strategic review process.