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Uber to buy Germany’s Delivery Hero in $14.8bn global deal

Business | The Guardian · 1h ago · 🇺🇸 United States

Uber will offer taxi services and food delivery in 58 markets after deal completes, up from 34 Business live – latest updates Uber has reached an agreement to take over the German takeaway company Delivery Hero in a $14.8bn (£10.7bn/€12.6bn) deal that would create a global food delivery giant. The US tech firm said it had offered to pay €41.50 per share to Delivery Hero’s shareholders, valuing the business at $14.8bn. Uber will pay $13.7bn after accounting for its previous purchases of a quarter of Delivery Hero’s shares, most recently in May. Continue reading...

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Uber to buy Germany’s Delivery Hero in $14.8bn global deal

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