Global Finance News
27 Aug 2026, 16:45
Uber Launches €41.50-a-Share Takeover Offer for Delivery Hero
Uber (NYSE: UBER) has formally launched its voluntary takeover offer for Delivery Hero after receiving approval from German regulator BaFin. The company is offering €41.50 in cash per share, representing a roughly 108% premium to Delivery Hero’s unaffected May 8 closing price. The acceptance period runs from August 27 through November 5, 2026.
The acquisition would significantly expand Uber’s global delivery footprint. The combined businesses would operate across 99 markets with pro-forma 2025 gross bookings of $236 billion, while the number of markets where Uber offers both mobility and delivery would nearly double from 34 to 58.
Uber already owns about 24.77% of Delivery Hero and has additional exposure through derivatives. Combined with an irrevocable commitment from Prosus covering roughly 16.68% of Delivery Hero shares, Uber’s total economic interest is approximately 53%. The deal remains subject to regulatory approvals and other closing conditions, with settlement expected in the second half of 2027.
Uber (NYSE: UBER) has formally launched its voluntary takeover offer for Delivery Hero after receiving approval from German regulator BaFin. The company is offering €41.50 in cash per share, representing a roughly 108% premium to Delivery Hero’s unaffected May 8 closing price. The acceptance period runs from August 27 through November 5, 2026.
The acquisition would significantly expand Uber’s global delivery footprint. The combined businesses would operate across 99 markets with pro-forma 2025 gross bookings of $236 billion, while the number of markets where Uber offers both mobility and delivery would nearly double from 34 to 58.
Uber already owns about 24.77% of Delivery Hero and has additional exposure through derivatives. Combined with an irrevocable commitment from Prosus covering roughly 16.68% of Delivery Hero shares, Uber’s total economic interest is approximately 53%. The deal remains subject to regulatory approvals and other closing conditions, with settlement expected in the second half of 2027.
