multi source·2h ago·7 sources analyzed
Delivery Hero shares rise amid Uber takeover interest
Delivery Hero has confirmed a takeover offer from Uber, leading to a significant increase in its share price. The offer is valued at €33 per share. (sources: reuters, cnbc, ft, seekingalpha, bloomberg)
ModernAction Briefing
Delivery Hero shares surged to an 18-month high following confirmation of a takeover bid from Uber. The bid, initially rebuffed, is now under consideration at a valuation of €10 billion.
- Delivery Hero's shares increased by 10% after the announcement of the takeover offer.
- Uber's proposed bid is €33 per share.
- Uber previously made an offer of €11.5 billion that was rejected.
Why it matters
The potential takeover could reshape the competitive landscape in the food delivery market.
Action context
No specific legislation identified for action yet.
Top coverage · 7 sources