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Uber Confirms Indicative Offer to Acquire Delivery Hero

Uber has made an indicative offer of €33 per share to acquire the German food delivery company Delivery Hero, which Delivery Hero has confirmed. This move follows reports of Uber and DoorDash sounding out investors for a potential takeover bid.

22 May, 16:23 — 23 May, 18:34
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The Story

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Source Diversity

Source Diversity

Excellent (84/100)
11 sources33/33
Spectrum spread4/5 buckets covered25/33
Far L
Left3
Left (3)
Yahooder-standardcnbc
Center3
Center (3)
ReutersFTbloomberg
Right4
Right (4)
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Far R1
Far Right (1)
zerohedge
Geographic diversity6 regions26/34
US5Austria2Spain1Intl1UK1Greece1

Sources

Showing 7 of 11 sources
ReutersVery High78d ago

Delivery Hero confirms takeover offer from Uber - Reuters

Delivery Hero confirms takeover offer from Uber  Reuters

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bloombergHigh78d ago

Uber Said to Study Full Takeover of European Rival Delivery Hero - Bloomberg.com

Uber Said to Study Full Takeover of European Rival Delivery Hero  Bloomberg.com

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FTVery High78d ago

Uber and DoorDash sound out investors for Delivery Hero bid

American food delivery rivals seek to acquire stake in the German group as they consider a takeover

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cnbcMostly Factual78d ago

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.

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YahooMostly Factual77d ago

Uber Makes Indicative €33 Per Share Offer to Acquire Delivery Hero

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seeking-alphaMixed77d ago

Delivery Hero confirms proposed bid from Uber

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zerohedgeLow78d ago

Uber Builds Large Stake In Germany's Delivery Hero As Takeover Speculation Builds

Uber Builds Large Stake In Germany's Delivery Hero As Takeover Speculation Builds Uber is exploring a potential takeover of Delivery Hero after building a large stake in the rival German food delivery company, Bloomberg News reports. This follows an earlier report that Uber had built a 19.5% stake. On Monday, Uber disclosed that it owns 19.5% of Delivery Hero, plus an additional 5.6% through options. The position was built with the help of Morgan Stanley traders, according to pe...

By Tyler Durden

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