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og:description: Uber has agreed to acquire Delivery Hero at €41.50 per share in cash, a 26% premium over its May offer, valuing the company at $14.8bn. Delivery Hero&#x27;s boards...
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# Uber agrees $14.8bn Delivery Hero takeover, 26% above its May bid

**[The Next Web](https://daily.dev/sources/tnw)** · 4 min read · 0 upvotes · 0 comments

## Summary

Uber has agreed to acquire Delivery Hero at €41.50 per share in cash, a 26% premium over its May offer, valuing the company at $14.8bn. Delivery Hero's boards unanimously back the deal, and largest shareholder Prosus has irrevocably committed its shares, giving Uber roughly 53% economic interest. To preempt regulatory concerns, Delivery Hero will separately sell its operations in 14 overlapping markets to SSW Partners for $1.6bn — a deal financed largely by Uber itself. The combined platform would span 99 markets with $236bn in gross bookings. Regulatory approval from European and Asian authorities remains the key open question, with the vendor-financing structure and adequacy of the carve-out likely to face scrutiny. The acquisition gives Uber the world's largest non-US food delivery footprint, encompassing Foodpanda, Glovo, Talabat, and Baedal Minjok.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://thenextweb.com/news/uber-delivery-hero-agreed-takeover-41-50>

## Similar posts on daily.dev

- [Uber goes after Delivery Hero in full, with an offer that sits below the close](https://daily.dev/posts/uber-goes-after-delivery-hero-in-full-with-an-offer-that-sits-below-the-close-cazhxjqrh) · The Next Web · 0 upvotes · 0 comments
- [Delivery Hero board backs Uber's $15B takeover bid](https://daily.dev/posts/delivery-hero-board-backs-uber-s-15b-takeover-bid-mplqdffun) · TechCrunch · 0 upvotes · 0 comments

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Tags: [#business](https://daily.dev/tags/business), [#uber](https://daily.dev/tags/uber)

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