The Bad PlaceUS Top News and Analysis | Delivery Hero confirms takeover offer from Uber
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German food‑delivery company Delivery Hero announced it has received a takeover offer from rival Uber, valuing the business at €33 per share (about $38.29), roughly 1.8 % below Delivery Hero’s closing price on Friday. Uber has increased its stake to about 19.5 % of the company’s issued capital—up from roughly 7 %—making it the largest shareholder with a holding worth around €1.7 billion. Delivery Hero’s CEO Niklas Oestberg said he will step down following pressure from major shareholders for a strategic review, and the firm said it remains focused on that process while providing no further details on the proposal. Bloomberg reported that Uber is exploring a full takeover, a news flow that sent Uber’s own shares down about 1.6 % after the report.
Read more: https://www.cnbc.com/2026/05/23/delivery-hero-confirms-takeover-offer-from-uber.html